The estate of convicted U.S. sex offender Jeffrey Epstein has agreed to a settlement that could see as much as $35 million paid to resolve outstanding claims brought by dozens of alleged victims, according to a court filing submitted on Thursday.
The proposed agreement, however, must still receive approval from a federal judge in New York before it becomes legally binding.
Details of the Settlement
The settlement applies to individuals who reported that they were sexually assaulted, abused, or trafficked by Epstein between January 1, 1995, and August 10, 2019 — the date of his death while in federal custody.
Under the proposed terms, the estate will pay:
$35 million if 40 or more claimants qualify under the settlement class.
$25 million if the number of eligible claimants is fewer than 40.
The agreement was filed in federal court in Manhattan.
Role of Estate Executors
The co-executors overseeing the estate are Darren Indyke, Epstein’s longtime attorney, and Richard Kahn, his former accountant. Both men have consistently denied any wrongdoing in connection with Epstein’s criminal activities. They have not been accused of participating in or witnessing sexual abuse.
If approved, the settlement would resolve a lawsuit initially filed in 2024, in which the co-executors were accused of facilitating Epstein’s misconduct through the legal and financial services they provided.
Court documents state that the agreement does not constitute an admission of liability or fault on the part of the executors, nor does it expose them to additional legal claims from victims related to this case.
Legal Representation and Class Size
The victims in the case are represented by Boies Schiller Flexner LLP. While the firm did not immediately confirm the exact number of participants in the lawsuit, Bloomberg reported that the legal team believes at least 40 individuals who have not previously reached settlements with the estate are eligible.
Daniel H. Weiner, counsel for the estate’s co-executors, did not immediately respond to requests for comment.
Broader Context
The settlement follows the recent release of millions of documents, photographs, and videos by the U.S. Department of Justice as part of ongoing transparency efforts related to investigations into Epstein’s activities.
Epstein, a financier with connections to prominent political figures, business leaders, academics, and celebrities, faced multiple allegations of sexual exploitation involving underage girls before his death in 2019. His associations with influential individuals across the globe have continued to draw public scrutiny.
If the court approves the proposed settlement, it would mark a significant step toward resolving long-standing legal claims tied to Epstein’s estate.
Further proceedings are expected in the coming weeks as the federal court reviews the agreement.
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