Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
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(snip)
The proposed class action, filed in October by a woman using the pseudonym Jane Doe, accused the country’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 survivors.
(snip)
Rakoff ruled in January that Bank of America must face Doe’s claims that it knowingly benefited from Epstein’s sex trafficking and obstructed enforcement of the federal Trafficking Victims Protection Act. Among the transactions Doe flagged were payments to Epstein by Leon Black, Apollo Global Management’s billionaire co-founder.
Black stepped down as Apollo’s chief executive in 2021 after a review by an outside law firm found he had paid Epstein $158m for tax and estate planning.
(snip)
Doe’s lawyers have also sued other alleged enablers of Epstein’s sex trafficking, and in 2023 reached settlements of $290m with JPMorgan Chase and $75m with Deutsche Bank on the behalf of his accusers.
(snip)
https://www.theguardian.com/us-news/2026/mar/16/bank-of-america-epstein-survivor-lawsuit-settlement