Jeffrey Epstein’s estate has agreed to pay up to $35 million to settle a class action lawsuit targeting two of the disgraced financier’s former advisers, according to a federal court filing made public Thursday.
The filing was submitted in federal court in Manhattan by Boies Schiller Flexner, the law firm representing Epstein’s victims.
The lawsuit, originally filed in 2024, named Darren Indyke, Epstein’s former personal attorney, and Richard Kahn, his former accountant, as defendants.
Both Indyke and Kahn currently serve as co-executors of Epstein’s estate.
The settlement, which requires judicial approval before taking effect, would bring the 2024 lawsuit to a close.
Neither Indyke nor Kahn admitted wrongdoing as part of the agreement. Their attorney, Daniel H. Weiner, confirmed the terms in an emailed statement Thursday.
“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 said.
Weiner also said the settlement would provide “a confidential avenue for financial relief” for Epstein victims who have not already resolved claims against the estate.
Epstein’s estate had previously established a restitution fund that distributed $121 million to victims before this latest settlement was reached.
Beyond that fund, the estate paid out an additional $49 million through separate settlements with victims.
In the 2024 filing, attorneys at Boies Schiller Flexner alleged that Indyke and Kahn assisted Epstein in constructing an elaborate network of corporations and bank accounts designed to conceal his criminal activities, according to media reports.
Lawyers for the victims further alleged that this financial structure was used to funnel payments to victims and recruiters, while both advisers were left “richly compensated” for the roles they played.
Epstein died in a New York City jail cell in August 2019 while awaiting federal trial on sex trafficking charges. His death was officially ruled a suicide by the New York City medical examiner.
Boies Schiller Flexner previously secured $365 million in settlements from two major financial institutions — JPMorgan Chase and Deutsche Bank — after alleging both banks ignored warning signs about Epstein while he remained a profitable client.
The accusations leveled against Indyke and Kahn centered on allegations that they aided and abetted Epstein’s sex trafficking of young women and teenage girls over the course of his criminal enterprise.
British authorities arrested Andrew Mountbatten-Windsor, the younger brother of King Charles III, on Thursday, his 66th birthday.
He was arrested on suspicion of misconduct in public office, in connection with allegations stemming from his ties to Epstein.
While Andrew has acknowledged a personal friendship with Epstein and settled a civil lawsuit with one of Epstein’s underage victims, he has consistently denied any misconduct connected to his government role.
King Charles III issued a statement expressing his “deepest concern” over the arrest, emphasizing the importance of due process and pledging the royal family’s full cooperation with law enforcement.
