Bank of America settles Epstein accusers' lawsuit
Posted: Tue Mar 17, 2026 12:13 am
https://www.reuters.com/sustainability/ ... 026-03-16/
NEW YORK, March 16 (Reuters) - Bank of America (BAC.N), opens new tab has settled a civil lawsuit brought by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein, court records showed on Monday.
Lawyers for the bank and the women told Manhattan-based U.S. District Judge Jed Rakoff in a March 12 telephone call that they had reached a "settlement in principle," a court filing said. The terms of the settlement were not immediately clear.
The settlement requires Rakoff's approval. Lawyers for both sides are scheduled to submit legal papers about the settlement by March 27, and the judge scheduled a court hearing for April 2 to consider approving the deal.
Sigrid McCawley, a lawyer for the women, said in a statement, "Today’s resolution of the case against Bank of America is one more step on the road to much deserved justice."
A spokesman for Bank of America declined to comment.
The proposed class action, filed in October by a woman using the pseudonym Jane Doe, accused the nation's second-largest bank of ignoring suspicious financial transactions related to Epstein despite a "plethora" of information about his crimes because it valued profit over protecting victims.
Bank of America has said Doe alleged merely that it provided routine services to people who at the time had no known links to Epstein, and that any suggestion that it was more deeply involved was "threadbare and meritless."