The legal estate handling Jeffrey Epstein’s assets has agreed to a settlement of up to $35 million to resolve a class action lawsuit brought by individuals who allege they were abused or trafficked by the late financier and his inner circle. Filed in 2024, the case accuses two of Epstein’s former advisers — his personal attorney and his accountant — of facilitating elements of his operations. This proposed agreement, still subject to judicial approval, marks the latest effort to provide restitution to survivors and bring closure to long-running litigation tied to Epstein’s complex legacy.
Settlement Details and Legal Framework
The proposed settlement would pay up to $35 million from remaining estate assets to compensate eligible members of the victim class who have not yet received past payouts. Under the terms, the total amount could vary depending on the number of qualifying claimants — generally structured so larger participation would unlock the full amount. The deal stems from a 2024 lawsuit that accused estate executors of aiding Epstein’s sex trafficking activities through complex corporate and financial networks.
Although the agreement resolves outstanding claims, neither co-executor — the personal lawyer nor the longtime accountant of Epstein — admitted wrongdoing as part of the settlement. Their lawyers have emphasized that settling was a strategic choice to bring a final resolution to the matter without protracted litigation.
Context of Previous Compensation Efforts
This latest proposed settlement comes after the estate has already disbursed substantial compensation through multiple channels. Earlier restitution funds and separate settlements have collectively delivered hundreds of millions of dollars to survivors and related claimants. These include a victims’ compensation fund and other legal resolutions that formed part of ongoing efforts to address the harms associated with Epstein’s criminal conduct.
The agreement now awaits approval from a federal judge in New York, which will determine when funds may be distributed and how individual claims will be assessed under court-supervised terms.
