NEW YORK, Nov 13 (Reuters) - Bank of America ( BAC ) and
Bank of New York Mellon ( BK ) asked a federal judge on Thursday
to dismiss lawsuits accusing them of knowingly aiding Jeffrey
Epstein's sex trafficking by providing banking services to the
disgraced late financier.
The proposed class actions filed on October 15 by one of
Epstein's victims, a Florida woman known as Jane Doe, said the
banks knowingly ignored a "plethora" of information about
Epstein's crimes because they valued profit over protecting
victims.
Both lawsuits said the banks should have filed suspicious
activity reports with the U.S. Treasury Department, which could
have helped law enforcement stop Epstein sooner.
But in a filing in Manhattan federal court, Bank of America ( BAC )
said Doe alleged merely that it provided routine services to
people who at the time had no known links to Epstein, and any
suggestion it was more deeply involved was "threadbare and
meritless."
BNY Mellon, meanwhile, in a separate filing called Doe's
allegations "razor-thin," and included no claims that Epstein
was ever a customer or dealt with anyone in particular.
The banks also said it was not reasonably foreseeable their
activities would cause harm to Doe, dooming her negligence
claims.
Doe's lawyers, including David Boies, did not immediately
respond to requests for comment after market hours.
The lawyers have also sued other alleged enablers of
Epstein's sex trafficking, and in 2023 reached settlements of
$290 million with JPMorgan Chase ( JPM ) and $75 million with
Deutsche Bank on behalf of his accusers.
Neither bank admitted wrongdoing in agreeing to settle.
Both settlements were approved by U.S. District Judge Jed
Rakoff, who oversees the Bank of America ( BAC ) and BNY Mellon cases.
Epstein committed suicide in August 2019 in a Manhattan jail
cell while awaiting trial on sex trafficking charges.
His case remains headline material, including this week when
House Democrats released emails they said raised new questions
about how much U.S. President Donald Trump knew about Epstein's
sex trafficking of girls and young women.
Trump has vehemently and consistently denied knowing about
Epstein's sex trafficking.