Jeffrey Epstein estate moves to settle remaining abuse claims for up to $35m
Assets and wealth left behind by Jeffrey Epstein are being managed by his former lawyer Darren Indyke and former accountant Richard Kahn, who have not been accused of any crimes.
The estate of convicted US sex offender Jeffrey Epstein has agreed to pay up to $35 million to settle the outstanding legal claims of potentially dozens of victims, according to a proposed court judgement filed on Thursday.
The settlement is related to victims who said they were "sexually assaulted or abused or trafficked by Jeffrey Epstein between January 1 1995, and through August 10 2019," the date of the disgraced financier's death in prison, the judgement said.
Epstein's estate would pay $35 million if there are 40 or more people eligible in the class and $25 million if there are fewer than 40.
The co-executors of the settlement are Darren Indyke, Epstein's former lawyer, and Richard Kahn, the financier's former accountant.
Both have denied any wrongdoing through their association with the convicted sex offender and have not been accused of any crimes.
The judgement said the agreement does not mean the co-executors admit fault or are liable to further legal action from victims.
The agreement must be approved by a federal judge in New York before it can become final.
The law firm representing the class of victims, Boies Schiller Flexner LLP, did not immediately respond to a request for comment on how many people were part of the lawsuit.
Bloomberg News reported late on Thursday that the firm was confident they had at least 40 victims who had not yet settled with Epstein's estate.
Daniel H. Weiner, the lawyer representing the co-executors, did not immediately reply to a comment request.
The settlement comes after the release by the US Justice Department of millions of documents, photographs and videos related to the investigation into Epstein.
Epstein cultivated a global network of powerful politicians, business executives, academics and celebrities — many of whom have been tainted by their association with him.