The co-executors of Jeffrey Epstein’s property have agreed to settle a category motion lawsuit filed in opposition to them by survivors of Epstein’s abuse for at the least $25 million, with out admitting any wrongdoing, based on courtroom paperwork filed on Thursday.
Darren Indyke and Richard Kahn — who served as Epstein’s private lawyer and accountant, respectively — had been accused within the grievance of “facilitation, participation, and concealment of Epstein’s unlawful conduct” for their very own monetary acquire, based on federal courtroom information in New York.
By settlement of the events, the settlement will likely be paid from the remaining property in Epstein’s property, moderately than immediately by Indyke and Kahn, who’re the named defendants within the lawsuit.
FILE – Paperwork that had been included within the U.S. Division of Justice launch of the Jeffrey Epstein recordsdata are photographed Friday, Jan. 2, 2026.
Jon Elswick/AP
The proposed settlement — which a federal decide must approve — doesn’t embody an admission of wrongdoing.
“Neither of the co-executors has made any admission or concession of misconduct,” stated Dan Weiner, an legal professional for the defendants, in an announcement to ABC Information. “That’s not shocking — not a single lady has ever accused both man of committing sexual abuse or witnessing sexual abuse, nor claimed at any time that she reported to them any allegation of Mr. Epstein’s abuse.”
Indyke and Kahn had been chosen as co-executors of Epstein’s will, which he up to date two days earlier than his demise in August 2019.
To be eligible for the settlement, victims would conform to launch any future claims and can’t have acquired any prior settlement from the Epstein property or the Epstein Victims Compensation Fund.
In line with the proposed settlement phrases, the property pays out $25 million if lower than 40 class members qualify and $35 million if greater than 40 meet the necessities.
The grievance, filed in 2024, alleged that Indyke and Kahn helped conceal Epstein’s intercourse trafficking operation for years by structuring his financial institution accounts in order that Epstein and his associates may “entry massive quantities of money in furtherance of intercourse trafficking.”
“Figuring out that they’d earn thousands and thousands of {dollars} in alternate for facilitating Epstein’s intercourse abuse and trafficking, Indyke and Kahn selected cash and energy over following the legislation,” the grievance stated.
The plaintiffs alleged that Indyke and Kahn “organized, managed, and directed virtually each side of the Epstein sex-trafficking enterprise,” based on the grievance.
They had been additionally accused of taking part with Epstein “in coercing and inducing” at the least three of Epstein’s victims into “organized and compelled sham marriages with a purpose to acquire immigration standing for the international ladies in order that they might proceed to be accessible to Epstein for his abuse,” the grievance stated.
The lawsuit contained no allegations that both man immediately participated in any sexual exploitation.
Indyke and Kahn have denied any function in or information of Epstein’s intercourse trafficking operation.
“Neither Mr. Indyke nor Mr. Kahn socialized with Mr. Epstein, and each males reject as categorically false any suggestion that they knowingly facilitated or assisted Mr. Epstein in his sexual abuse or trafficking of ladies, or that they had been conscious of his actions whereas they offered skilled companies to him,” Weiner informed ABC Information in December.
Counsel for the lead plaintiff within the case stated within the proposed settlement paperwork that they remained “assured in her claims” however acknowledged that “attempting her case to a jury as a category motion would current threat.”
“The settlement is demonstrably the product of well-informed negotiations and vigorous advocacy on behalf of victims of Jeffrey Epstein,” wrote Sigrid McCawley, an legal professional for the lead plaintiff.
The property’s property stay tied up in probate courtroom within the U.S. Virgin Islands, pending the decision of all excellent claims in opposition to the property.
“Accordingly, upon the Court docket’s remaining approval of the settlement and as a way of attaining finality as to any claims in opposition to it, the Epstein Property will fund your entire quantity of the settlement to be acquired by the putative class,” Weiner stated in his assertion.
In line with a courtroom submitting final October, roughly $127 million remained within the property. Following his demise, Epstein’s property was valued as a lot as $650 million, although it has decreased as different lawsuits had been resolved.
Paperwork disclosed final month by the Justice Division included a replica of Epstein’s “1953 Belief,” which detailed Epstein’s plans to distribute his appreciable wealth amongst an array of associates, household, staff and associates upon his demise. To his longtime lawyer Indyke and his accountant Kahn, Epstein deliberate to offer $50 million and $25 million, respectively, the doc reveals.
Indyke is because of testify subsequent week in a closed door deposition earlier than the Home Oversight Committee, which is conducting a broad inquiry into the federal authorities’s dealing with of investigations in Epstein’s alleged sex-trafficking operation.
Kahn is slated to look earlier than the committee in March.
