Story perspectives

Bank of America Settles Epstein Case, Judge Approval Pending

3/18/2026

Summary

Story summary

Bank of America has reached a settlement in a class-action accusing it of facilitating Epstein's sex trafficking, pending approval by U.S. District Judge Jed Rakoff.
Documents are due by March 27, and a hearing is set for April 2.
Plaintiff Jane Doe alleges the bank ignored suspicious transactions linked to Epstein's associates.
The settlement also cancels a deposition of Leon Black, who allegedly transferred over $150 million to Epstein.

History

Historical Context

Jeffrey Epstein, convicted in 2008 for soliciting a minor, served only 13 months in a controversial plea deal that drew widespread criticism. In 2023, Bank of America faced allegations of facilitating Epstein's trafficking, with claims of ignoring over $150 million in suspicious transactions. This ongoing scrutiny reflects broader accountability issues in financial institutions regarding illicit activities and may influence future regulatory practices.

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Story summary

Bank of America has reached a settlement in a class-action accusing it of facilitating Epstein's sex trafficking, pending approval by U.S. District Judge Jed Rakoff.
Documents are due by March 27, and a hearing is set for April 2.
Plaintiff Jane Doe alleges the bank ignored suspicious transactions linked to Epstein's associates.
The settlement also cancels a deposition of Leon Black, who allegedly transferred over $150 million to Epstein.

1 / 2