The estate of disgraced financier Jeffrey Epstein agreed to a $35 million class action lawsuit settlement against two of his previous advisers, according to a court filing on Thursday in the U.S. District Court for the Southern District of New York. In the court brief, it was alleged that Epstein’s advisers Darren Indyke and Richard Kahn “knowingly and intentionally participated in, assisted, supported, and facilitated Jeffrey Epstein’s sex trafficking venture.”
The agreement is contingent upon a judge’s approval, and the settlement value depends on the number of victims in the class action lawsuit. If there are “less than 40 Eligible Class Members,” then the settlement amount is $25 million. If there are more than 40, the total settlement increases in value to $35 million, according to the brief.
