The executors of Jeffrey Epstein’s estate have agreed to pay as much as $35 million to resolve a lawsuit accusing them of aiding in his sex trafficking operations. Boies Schiller Flexner, a law firm representing Epstein victims, announced the settlement.
Should a judge approve of the agreement, it would end a 2024 lawsuit filed against Epstein’s former lawyer, Darren Indyke, and former accountant, Richard Kahn, both of whom are co-executors of the estate.
Indyke’s and Kahn’s lawyer, Daniel H. Weiner, said in a statement to Reuters that the co-executors did not make “any admission or concession of misconduct” as part of the settlement. “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 explained. The settlement will further provide a “confidential avenue for financial relief,” he said.
According to the court filing, “The Co-Executors deny all of Lead Plaintiff’s allegations. The Co-Executors are not accused of abusing any women or being present when any abuse occurred, and they deny that they participated in the Epstein sex trafficking venture in any way and deny that any Class Member has suffered any harm, injury, or damages as a result of their conduct.”
The estate may pay $25 million if there are fewer than 40 eligible individuals, and $35 million if there are more than 40. “This resolution represents a substantial recovery that falls well within the range of reasonable resolutions,” the filing states. “The matter involved years of case investigation even before filing suit, including numerous pre-suit witness interviews and other fact investigation to analyze potential claims.”
In September, the House Committee on Oversight and Government Reform received documents from Jeffrey Epstein’s estate following its issuing of a subpoena to the estate’s executors. The Committee requested information and records that could be “reasonably construed to be a potential list of clients involved in sex, sex acts, or sex trafficking facilitated by Mr. Jeffrey Epstein,” the subpoena read. The subpoena also requested documents related to “missed call logs or missed visitor logs” as well as connections to his “Black Book.”
