Lawyer for women who accused bank of facilitating their sexual abuse calls settlement ‘one more step’ to justice
Bank of America has settled a civil lawsuit brought by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein, court records showed on Monday.
Lawyers for the bank and the women told Manhattan-based US district judge Jed Rakoff in a 12 March telephone call that they had reached a “settlement in principle”, a court filing said. The terms of the settlement were not immediately clear.
The settlement requires Rakoff’s approval. Lawyers for both sides are scheduled to submit legal papers about the settlement by 27 March, and the judge scheduled a court hearing for 2 April to consider approving the deal.
Sigrid McCawley, a lawyer for the women, said in a statement: “Today’s resolution of the case against Bank of America is one more step on the road to much-deserved justice.”
