The Jeffrey Epstein estate has agreed to pay up to 35 million dollars to settle a major class action lawsuit accusing two of his longtime advisers of assisting in his sex trafficking operations. The proposed settlement was disclosed in a filing submitted to a federal court in Manhattan, marking another significant chapter in the long running legal fallout tied to the disgraced financier.
The lawsuit, filed in 2024, targeted Darren Indyke, Epstein’s former personal lawyer, and Richard Kahn, his former accountant. Both men served as co executors of the estate following Epstein’s death in 2019. The legal action alleged that they helped manage a complex network of corporations and bank accounts that enabled Epstein to conceal his activities and compensate victims and recruiters.
The settlement was announced by Boies Schiller Flexner, a law firm representing several Epstein victims. If approved by a judge, the agreement will formally close the case against Indyke and Kahn. Their attorney, Daniel H. Weiner, stated that neither of his clients admitted to any wrongdoing. He emphasized that while they were prepared to defend themselves in court, they chose mediation to bring final resolution to all potential claims related to the estate.
Previously, the estate established a restitution fund that distributed 121 million dollars to victims. In addition, another 49 million dollars was paid through separate settlements. The new agreement is expected to provide a confidential pathway for financial relief to victims who have not yet resolved claims.
Epstein died in a New York jail in August 2019, with authorities ruling his death a suicide. Meanwhile, Boies Schiller Flexner has also secured 365 million dollars in settlements from JPMorgan Chase and Deutsche Bank over allegations that they ignored warning signs while maintaining financial ties with Epstein.
