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Deutsche Bank $75 million settlement with Epstein accusers wins preliminary approval
2023.06.16 17:23
© Reuters. FILE PHOTO: U.S. financier Jeffrey Epstein appears in a photograph taken for the New York State Division of Criminal Justice Services’ sex offender registry March 28, 2017 and obtained by Reuters July 10, 2019. New York State Division of Criminal Justice
NEW YORK (Reuters) – A U.S. judge on Friday granted preliminary approval to Deutsche Bank AG (NYSE:)’s $75 million settlement with women who said Jeffrey Epstein sexually abused them, and that the German bank facilitated the late financier’s sex trafficking.
U.S. District Judge Jed Rakoff in Manhattan scheduled an Oct. 20 hearing to consider final approval.
Epstein was a Deutsche Bank (ETR:) client from 2013 to 2018. The accord covers women and girls who were sexually abused or trafficked by Epstein or his associates from Aug. 19, 2013, until his death six years later.
