The co-executors of Jeffrey Epstein’s property have agreed to settle a category motion lawsuit filed towards them by survivors of Epstein’s abuse for at the least $25 million, with out admitting any wrongdoing, in line with court docket 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, in line with federal court docket information in New York.
By settlement of the events, the settlement shall be paid from the remaining belongings in Epstein’s property, quite than instantly 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 a press release to ABC Information. “That isn’t 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 dying in August 2019.
To be eligible for the settlement, victims would comply with launch any future claims and can’t have obtained any prior settlement from the Epstein property or the Epstein Victims Compensation Fund.
In line with the proposed settlement phrases, the property can pay 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 might “entry giant 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,” in line with the grievance.
They had been additionally accused of collaborating with Epstein “in coercing and inducing” at the least three of Epstein’s victims into “organized and compelled sham marriages in an effort to receive immigration standing for the overseas ladies in order that they may proceed to be obtainable to Epstein for his abuse,” the grievance stated.
The lawsuit contained no allegations that both man instantly participated in any sexual exploitation.
Indyke and Kahn have denied any position 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 supplied skilled companies to him,” Weiner advised 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 belongings stay tied up in probate court docket within the U.S. Virgin Islands, pending the decision of all excellent claims towards the property.
“Accordingly, upon the Court docket’s last approval of the settlement and as a method of reaching finality as to any claims towards it, the Epstein Property will fund all the quantity of the settlement to be obtained by the putative class,” Weiner stated in his assertion.
In line with a court docket submitting final October, roughly $127 million remained within the property. Following his dying, 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 duplicate of Epstein’s “1953 Belief,” which detailed Epstein’s plans to distribute his appreciable wealth amongst an array of pals, household, staff and associates upon his dying. 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 seem earlier than the committee in March.
