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Bank of America Agrees to Settle Claims It Aided Epstein
Insurance Journal· 2026-03-16 22:07
Bank of America Corp. has agreed to settle a proposed class action lawsuit on behalf of Jeffrey Epstein victims who accused the bank of aiding in the deceased financier’s sex-trafficking, according to a court record.The agreement in principle was noted Monday in the court docket in the case. Terms of the deal were not immediately available. Any settlement must be approved by US District Judge Jed Rakoff in Manhattan. A representative for Bank of America declined to comment. The bank has denied wrongdoing.Th ...
X @The Wall Street Journal
The Wall Street Journal· 2026-03-16 20:46
Bank of America agreed to settle in principle a lawsuit that alleged the bank maintained a relationship with Jeffrey Epstein and failed to report suspicious activities until after the convicted sex offender’s death. https://t.co/Bn7gE8wRGi ...
Bank of America Agrees to Settle Lawsuit Over Jeffrey Epstein Ties, U.S. Court Says
WSJ· 2026-03-16 20:19
The lawsuit alleged the bank maintained a relationship with Jeffrey Epstein and failed to report suspicious activities until after the convicted sex offender's death. ...
Bank of America settles Epstein survivors' lawsuit
The Guardian· 2026-03-16 18:36
Bank of America has settled a civil lawsuit brought by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein, court records showed on Monday.Lawyers for the bank and the women told Manhattan-based US district judge Jed Rakoff in a 12 March telephone call that they had reached a “settlement in principle”, a court filing said. The terms of the settlement were not immediately clear.The settlement requires Rakoff’s approval. Lawyers for both sides are scheduled to submit legal papers ...
Bank of America settles lawsuit from Jeffrey Epstein accusers, scuttling Leon Black deposition
Business Insider· 2026-03-16 16:42
Bank of America settled a proposed class-action lawsuit from Jeffrey Epstein accusers who alleged the bank facilitated the now-dead pedophile's sex-trafficking operation, court records show. Lawyers for the bank and a group of Epstein accusers told the judge overseeing the case during a pretrial conference last week that they "reached a settlement in principle," according to a Monday update to the case's docket.The terms of the settlement were not made public. US District Judge Jed Rakoff, who is overseeing ...
Bank of America inks lease for entire office tower at NYC's One Bryant Park
American Banker· 2026-03-16 16:21
Bank of America Corp. is plotting a major expansion at One Bryant Park in midtown Manhattan, where it's already the anchor tenant.Processing ContentThe company has agreed to a 20-year lease for the entire office portion and some retail space at the 51-story property, according to an emailed statement. It's a triple-net agreement, meaning the tenant is responsible for property taxes, insurance and maintenance costs. Bank of America, which owns a stake in One Bryant Park in a joint venture with the Durst Org ...
13 Most Undervalued Long-Term Stocks to Buy According to Analysts
Insider Monkey· 2026-03-16 16:17
In this article, we will look at the 13 Most Undervalued Long-Term Stocks to Buy According to Analysts.On March 4, Tom Lee from Fundstrat appeared on a CNBC television interview to discuss market conditions amid geopolitical tensions. Lee noted that there is no doubt that there have been scary headlines all around, as no one wants to see the US in a conflict. However, the markets have been much more resilient than expected, considering the headlines. Lee highlighted that the markets are bottoming, but more ...
Bank of America settles lawsuit brought by Jeffrey Epstein victims
New York Post· 2026-03-16 15:34
Core Viewpoint - Bank of America has reached a settlement in a civil lawsuit involving allegations that it facilitated sexual abuse by Jeffrey Epstein, pending court approval [1][3]. Group 1: Lawsuit Details - The lawsuit was initiated by a woman using the pseudonym Jane Doe, accusing Bank of America of ignoring suspicious financial transactions related to Epstein, prioritizing profit over victim protection [4][7]. - The bank contends that Doe's claims are unfounded, asserting that it provided routine services to individuals without known links to Epstein [5]. Group 2: Settlement Implications - The terms of the settlement have not been disclosed, and a court hearing is scheduled for April 2 to consider its approval [1][3]. - If approved, the settlement will prevent a scheduled deposition of billionaire Leon Black and a trial set for May 11 from proceeding [9]. Group 3: Related Legal Context - Doe's legal team has previously secured settlements with other financial institutions, including $290 million from JPMorgan Chase and $75 million from Deutsche Bank, on behalf of Epstein's accusers [9].
Bank of America settles Epstein accusers' lawsuit
Reuters· 2026-03-16 14:52
Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Bank of America logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab NEW YORK, March 16 (Reuters) - Bank of America (BAC.N), opens new tabhas settled a civil lawsuitbrought by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein, court records showed on Monday. Bank of America settles Epstein accusers' lawsuit ...
X @Bloomberg
Bloomberg· 2026-03-16 12:36
BofA is plotting a major expansion at One Bryant Park in midtown Manhattan, where it’s already the anchor tenant https://t.co/Q3uf6uMCFJ ...