Epstein Estate Settles Class Action Lawsuit for $35 Million
On Thursday, Jeffrey Epstein’s estate reached an agreement to pay as much as $35 million to resolve a class action lawsuit involving two of Epstein’s advisors, according to a recent court filing.
The law firm Boies Schiller Flexner, representing alleged victims of Epstein, made the settlement announcement in a statement. If a judge approves, this would conclude the lawsuit.
Two co-executors of Epstein’s estate, former personal attorney Darren Indyke and former accountant Richard Kahn, faced indictment in 2024 for allegedly aiding Epstein’s trafficking operations. The allegations suggest that they facilitated the concealment of Epstein’s abuse, using various companies and bank accounts to settle payments for victims and recruiters.
Reportedly, the lawsuit claims that Indyke and Kahn received “substantial compensation” for their roles. Daniel H. Weiner, the attorney for Indyke and Kahn, issued a statement emphasizing that his clients did not admit to any wrongdoing as part of the settlement.
Weiner remarked that while they were ready to contest the claims in court, they opted to mediate a settlement to bring closure to potential claims against the Epstein estate. This decision seems aimed at streamlining the process.
The settlement also provides Epstein’s alleged victims with a “confidential avenue for financial relief” if they have unresolved claims. Previously, the foundation had created a reparations fund that allocated $121 million to alleged victims and also dealt with an additional $49 million in settlements.
