“The settlement will allow dozens of survivors of Jeffrey Epstein to finally attempt to restore their faith in our system knowing that all individuals and entities who facilitated Epstein’s sex-trafficking operation are finally being held accountable,” lawyers at Edwards Pottinger, one of the firms that brought the suit, said in a statement.
Deutsche Bank AG agreed to pay US$75 million ($100.7 million) to settle a lawsuit in which victims of Jeffrey Epstein’s sexual abuse accused the bank of facilitating his sex-trafficking operation, according to attorneys for the plaintiffs.
Deutsche Bank agreed to settle after US District Judge Jed Rakoff ruled in March that the lawsuit filed by a victim identified only as Jane Doe may proceed against it, as well as a separate but nearly identical suit filed by another Jane Doe against JPMorgan Chase & Co.
