US EditionEpstein Estate Agrees to Pay Up to $35M to Settle Manhattan Class-Action Lawsuit
The settlement offers confidential financial relief to victims who have not yet resolved claims, with payments up to $35 million dependent on the number of eligible claimants.
- On Feb 19, Epstein's estate agreed to settle a Manhattan class action accusing two advisers of aiding sex trafficking, as announced by Boies Schiller Flexner in a federal court filing in Manhattan.
- The estate had already paid $US121 million in a restitution fund and $US49 million more to victims who alleged abuse between January 1, 1995 and August 10, 2019.
- The estate would pay $35m if 40 or more eligible class members join, or $25m if fewer than 40, and a federal judge in New York must approve the deal before it becomes final.
- By agreeing to settle, the co-executors aim to achieve finality, with Daniel H. Weiner saying `Because they did nothing wrong, the co-executors were prepared to fight the claims...` and denying misconduct.
- Boies Schiller, the plaintiffs' firm, previously won $365 million from JPMorgan Chase and Deutsche Bank, while lawyers said Indyke and Kahn helped Epstein hide abuses through complex corporate structures linked to his global network of associates.
99 Articles
99 Articles
Epstein Executors Cut $35M Deal
The executors of Jeffrey Epstein’s estate have agreed to pay as much as $35 million to resolve a lawsuit accusing them of aiding in his sex trafficking operations. Boies Schiller Flexner, a law firm representing Epstein victims, announced the settlement. Should a judge approve of the agreement, it would end a 2024 lawsuit filed against Epstein’s former lawyer, Darren Indyke, and former accountant, Richard Kahn, both of whom are co-executors of t…
Epstein Estate Agrees To Up To $35 Million Settlement With Survivors
The estate of convicted sex offender Jeffrey Epstein has agreed to pay up to $35 million to settle a class-action lawsuit filed by survivors. The lawsuit accused estate co-executors Darren Indyke and Richard Kahn of facilitating Epstein’s abuse and helping shield him from accountability for years. The settlement would resolve all remaining claims against the estate and its executors, pending approval by a federal judge.Court filings show the pay…
Coverage Details
Bias Distribution
- 55% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
