politics
March 16, 2026
Bank of America settles Epstein survivors’ lawsuit
Lawyer for women who accused bank of facilitating their sexual abuse calls settlement ‘one more step’ to justice
TL;DR
- Bank of America has reached a settlement in principle with women accusing the bank of facilitating Jeffrey Epstein's abuse.
- The settlement's terms are not yet public and require approval from US district judge Jed Rakoff.
- A class action lawsuit accused Bank of America of ignoring suspicious financial transactions related to Epstein for profit.
- Bank of America has previously called the allegations "threadbare and meritless."
- Previous settlements in similar cases include $290m with JPMorgan Chase and $75m with Deutsche Bank.
- Jeffrey Epstein died in jail in August 2019 while awaiting trial on sex-trafficking charges.
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