Deutsche Bank has agreed to a $75 million settlement to resolve a proposed class action lawsuit that accused the bank of facilitating sex trafficking by the late financier Jeffrey Epstein, plaintiffs’ attorney David Boies of Boies Schiller Flexner confirmed early Thursday.
The settlement is set to go before U.S. District Judge Jed S. Rakoff of the Southern District of New York for approval. The agreement includes no admission of wrongdoing by Deutsche Bank, a person familiar with the matter said.
