A federal judge has officially approved Bank of America’s $72.5 million settlement with victims of disgraced financier Jeffrey Epstein, putting an end to months of intense legal scrutiny.
The proposed agreement, initially disclosed in March, resolves a class-action lawsuit filed last October that accused the banking giant of facilitating Epstein’s illicit sex-trafficking operation.
The substantial payout aims to provide restitution to survivors while closing another dark chapter in Wall Street's entanglement with Epstein's criminal empire.