Jeffrey Epstein’s estate and its co-executors, Darren Indyke and Richard Kahn, have agreed to a settlement of up to $35 million to resolve remaining claims from victims who have not yet reached agreements. The settlement is intended to “finally, and forever resolve, discharge, and settle” allegations brought by a class of women who say they were sexually abused or trafficked by Epstein between 1995 and his death in August 2019. The plan now awaits approval from a federal judge in New York before it can be finalized.
The proposed agreement follows previous compensation efforts, including $121 million paid to 136 claimants through the Epstein Victims Compensation Program and a subsequent $48 million settlement for 59 additional victims. Lawyers for the class estimate that at least 40 women remain eligible for settlement through this new agreement, which adds Epstein’s estate to the ongoing lawsuit filed in 2024 against Indyke and Kahn.
Indyke and Kahn, who served as Epstein’s lawyer and accountant for years, have denied any liability related to the abuse allegations. Neither has been accused of committing or witnessing sexual abuse. Their attorney, Daniel Weiner, emphasized that the co-executors agreed to the settlement without admitting fault, and the estate is funding the entirety of the payment.
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Under the terms of the agreement, if more than 40 women are eligible, the settlement would provide $35 million; if fewer, the payment would total $25 million. The law firm Boies Schiller Flexner LLP, representing the victims, has confirmed that more than 40 eligible claimants have been identified who have not yet signed releases with the estate. The deal stems from a confidential mediation in October, followed by negotiations that concluded with an agreement in principle on December 28.
The filing for judicial approval notes that the settlement releases all claims against the estate and the co-executors, including any potential future claims that could arise. Lead victims’ lawyer Sigrid McCawley stated that the agreement provides closure for remaining litigants, allowing them to resolve claims efficiently while avoiding further litigation. The case is officially registered as Ward v. Indyke, 24-cv-01204, in the US District Court for the Southern District of New York.
Legal experts note that settlements of this nature, while providing financial compensation, do not constitute admissions of wrongdoing. The Epstein estate continues to address claims through structured compensation programs, aiming to resolve outstanding lawsuits and ensure that victims receive some measure of restitution for the harm they endured. The latest settlement underscores ongoing efforts to bring closure to survivors while finalizing the estate’s legal obligations.
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