Jeffrey Epstein’s estate has reached an agreement to pay up to $35 million to settle a class action that alleged two of his advisers aided and abetted his sex trafficking of young women and teenage girls, according to a court filing made public on Thursday.
The law firm Boies Schiller Flexner, representing the plaintiffs in the suit, filed a brief in federal court in Manhattan announcing the proposed settlement. If a judge signs off on the deal, it would bring to a close a lawsuit filed in 2024 that targeted Epstein’s former personal attorney Darren Indyke and his former accountant Richard Kahn, who act as co-executors of Epstein’s estate.
The proposed payment adds to prior disbursements from the estate. Epstein’s estate previously established a restitution fund that paid out $121 million to victims and also settled for an additional $49 million in separate agreements with claimants.
The co-executors did not admit any wrongdoing as part of the arrangement. Their lawyer, Daniel H. Weiner, said in an emailed statement that neither Indyke nor Kahn "made any admission or concession of misconduct." He added that "Because they did nothing wrong, the co-executors were prepared to fight the claims against them through to trial, but agreed to mediate and settle this lawsuit in order to achieve finality as to any potential claims against the Epstein Estate."
Weiner also described the settlement as offering "a confidential avenue for financial relief" to victims who have not previously resolved claims against the estate.
The lawsuit filed in 2024 alleged that Indyke and Kahn assisted Epstein in structuring a complex array of corporations and bank accounts that the complaint said allowed him to conceal his abuses and to pay victims and recruiters, while providing the two advisers with substantial compensation for their roles.
Boies Schiller Flexner has also been involved in other litigation connected to Epstein. The firm previously helped secure $365 million in settlements with JPMorgan Chase and Deutsche Bank after accusing those banks of overlooking warning signs related to Epstein when he was a lucrative customer.
Jeffrey Epstein died in a New York jail in August 2019; his death was ruled a suicide.
Context and next steps
The settlement will take effect only if a federal judge in Manhattan approves it. If approved, it would resolve the claims in the 2024 class action against Indyke and Kahn and provide additional compensation options to victims who remain uncompensated. Because the settlement is described as providing a confidential route to relief, some details of individual payments may not become public.