NEW: Bank of America To Pay $72.5 Million To Epstein Victims Ahead Of Proposed Lawsuit

Bank of America Corp. has agreed to pay $72.5 million to resolve a proposed class-action lawsuit filed by women who accused the bank of facilitating their sexual abuse at the hands of notorious sex trafficker Jeffrey Epstein. The case, which was filed in October by a plaintiff identified as Jane Doe, alleged that the bank ignored suspicious financial transactions linked to Epstein’s activities despite available information about his crimes. The complaint claimed the bank “knowingly benefited” from Epstein’s sex trafficking and obstructed enforcement of the federal Trafficking Victims Protection Act by prioritizing profit. Specific allegations included the bank’s handling of payments from Apollo Global Management co-founder Leon Black, who paid Epstein approximately $158 million for tax and