Bank of America settles Epstein lawsuit for $72.

Bank of America settles Epstein lawsuit for $72.5 million. The second-largest U.S. bank agreed to pay the settlement to resolve civil claims brought by women who accused the bank of facilitating sexual abuse by Jeffrey Epstein. While Bank of America maintains it did not facilitate sex trafficking crimes, the settlement allows the matter to close and provides financial relief to plaintiffs who suffered harm years ago. Plaintiffs' attorneys may seek approximately $21.8 million in legal fees from the settlement. The settlement requires judicial approval, with a court hearing scheduled to consider the deal. The class action lawsuit, filed in October, accused Bank of America of ignoring suspicious financial transactions related to Epstein despite having substantial information about his crimes.