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Bank of America agrees to settle Epstein case for $72.5 million [Yahoo! Finance]

The Bank of New York Mellon Corporation (BK) 
Last the bank of new york mellon corporation earnings: 4/16 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The deal to settle claims brought by Epstein's victims must first be approved by a judge. Bank of America maintains that it "did not facilitate sex trafficking crimes." Bank of America has agreed to pay $72.5 million to settle a proposed class action lawsuit alleging the bank facilitated financier Jeffrey Epstein' s sex trafficking operation, according to a Manhattan federal court filing released Friday evening. The deal, which requires sign-off from a judge, would pay "all women who were sexually abused or trafficked by Jeffrey Epstein, or by any person who is connected to or otherwise associated with Jeffrey Epstein or any Jeffrey Epstein sex-trafficking venture, between June 30, 2008 and July 6, 2019, inclusive," the filing said Lawyers have said they are aware of "at least 60 women who were victimized by Epstein" during that time period, the filing added. US District Judge Jed Rakoff, who is overseeing the case, gave the parties a March 27 deadline to file the terms of Show less Read more
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