The estate of the late pedophile financier has agreed to pay up to $35 million to settle a class-action lawsuit.
The suit accused two of Epstein’s long time associates of aiding and abetting his sex trafficking of young women and teenage girls.
They have now agreed the settlement to resolve claims from at least 40 women
RT reports: The lawsuit was initially filed in 2024 against Darren Indyke and Richard Kahn, both of whom served for years as Epstein’s personal lawyer and accountant, respectively.
Boies Schiller Flexner, the law firm representing Epstein’s alleged victims, announced the settlement in a filing in a federal court in Manhattan. Under the terms of the proposed settlement, Epstein’s estate would also be joined as a defendant in the case.
The settlement, reached with Indyke and Kahn, aims to “finally, and forever” resolve claims from victims who say they were “sexually assaulted or abused or trafficked by Jeffrey Epstein between January 1, 1995, and through August 10, 2019,” the date of his death in prison.
Indyke and Kahn, who have not been accused of abusing women or witnessing any such abuse, have denied all liability to Epstein’s victims and agreed to the settlement terms without admitting wrongdoing.
Because they did nothing wrong, the co-executors were prepared to fight the claims against them through to trial, but agreed to mediate and settle this lawsuit in order to achieve finality as to any potential claims against the Epstein Estate,” NBC quoted their lawyer Daniel H. Weiner as saying.
The proposed agreement, which requires approval from a federal judge in New York to become final, provides for a total payout of $35 million to the group – estimated by their attorney to include at least 40 eligible women – or $25 million if fewer than 40 qualify.
The payout follows a prior distribution of $121 million to 136 claimants through the Epstein Victims Compensation Program, as well as a subsequent $48 million settlement covering 59 victims.