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US judge grants preliminary approval to $35 million Epstein estate settlement in class action case

FILE PHOTO: U.S. financier Jeffrey Epstein appears in a photograph taken for the New York State Division of Criminal Justice Services' sex offender registry March 28, 2017 and obtained by Reuters July 10, 2019. New York State Division of Criminal Justice Services/Handout via REUTERS. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. THIS IMAGE WAS PROCESSED BY REUTERS TO ENHANCE QUALITY, AN UNPROCESSED VERSION HAS BEEN PROVIDED SEPARATELY./File Photo

Manhattan, United States. A US judge granted preliminary approval to an agreement for Jeffrey Epstein’s estate to pay as much as $35 million to resolve a class action lawsuit accusing two of his advisers of aiding and abetting sex trafficking. The judge set a September 16 hearing to consider final approval.


Settlement and court review

Boies Schiller Flexner, a law firm representing Epstein victims, announced the settlement on February 19. On Tuesday, Manhattan-based US District Judge Arun Subramanian said the agreement appeared fair and scheduled a hearing for September 16 to consider granting final approval.

Defendants and lawsuit background

The deal would end a 2024 lawsuit filed against Epstein’s former personal lawyer Darren Indyke and former accountant Richard Kahn, who are co-executors of Epstein’s estate. The lawsuit accused the two of aiding and abetting Epstein’s sex trafficking of young women and teenage girls.

Responses from counsel

Lawyers for Indyke and Kahn did not immediately respond to requests for comment. One of their lawyers had previously said neither Indyke nor Kahn “made any admission or concession of misconduct” as part of the settlement.


What will the court consider at the September 16 hearing on final approval of the settlement?

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