Jane Doe v. Bank of America
U.S. District Court, Southern District of New York
Settlement Fund
$72.5M
$72,500,000.00 total
Attorney Fees
$21.8M
30.0% of fund
Per Member Payout
$67,666.67
750 class members
Bank of America settled for $72.5M with survivors of Jeffrey Epstein for aiding and abetting his trafficking. The plaintiffs’ counsel seeks $21.75M in fees (30%) — a percentage typically reserved for large anonymous classes where attorney effort is high. With only ~60-75 identified survivors, the class is small and well-defined. Judge Rakoff has already questioned the fee request at preliminary approval. Final fairness hearing is August 27, 2026.
Fairness Assessment
2.5
Unfair
Red Flags
30% fee request ($21.75M) on small identifiable class (~60-75 victims)
Judge Jed Rakoff already signaled skepticism about fee reasonableness
Fee percentage at statutory threshold despite small class
Class members are identifiable survivors — should have leverage for better terms