Up to 75 women expected to benefit from Bank of America settlement in Epstein sex abuse, say lawyers

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Bank of America. File

Bank of America. File | Photo Credit: Reuters

Lawyers accidental up to 75 women who were sexually abused by Jeffrey Epstein since 2008 whitethorn payment from a $72.5 cardinal money acceptable up arsenic portion of a colony Bank of America reached with lawyers representing the women.

U.S. District Judge Jed S Rakoff gave the woody preliminary support connected Thursday (April 2, 2026) and acceptable a last support proceeding for August 27. He besides ordered lawyers to taxable to him by Friday a broader database of publications to beryllium utilized to notify Epstein victims that the colony money exists.

The justice said helium wanted to guarantee “nobody is near out.” Lawyers for women abused by Epstein had sued the bank, saying it ignored suspicious fiscal transactions involving Epstein that occurred portion helium was abusing girls and women from June 2008 to his apprehension successful aboriginal July 2019 connected national enactment trafficking charges.

Epstein died successful August 2019 successful a Manhattan national jail. The decease was ruled a decease by suicide.

At the proceeding connected Thursday, lawyer David Boies said lawyers for the victims believed betwixt 60 and 75 women volition marque claims that would marque them eligible for payouts from the colony fund.

He said "there whitethorn beryllium much we haven't identified.” Mr. Rakoff said “while it's possibly highly apt that the victims of Jeffrey Epstein's monstrous acts tin ne'er beryllium afloat compensated, the victims are entitled to person conscionable compensation from immoderate idiosyncratic oregon entity that knowingly, recklessly oregon different unlawfully facilitated his intersexual trafficking.”

In a statement, the slope said: "While we basal by our anterior statements made successful the filings successful this case, including that Bank of America did not facilitate enactment trafficking crimes, this solution allows america to enactment this substance down america and provides further closure for the plaintiffs.”

Published - April 04, 2026 07:27 americium IST

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