Bank of America has agreed to pay US$72.5 million (S$93.7 million) to settle a civil lawsuit filed by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein. The settlement, reached in principle in March and disclosed on March 27, aims to provide closure for the plaintiffs, many of whom suffered harm years ago and require financial relief. While Bank of America maintains it did not facilitate sex trafficking crimes, the resolution allows the bank to move past the case. Plaintiffs' attorneys may seek up to 30% of the settlement for legal fees. U.S. District Judge Jed Rakoff is scheduled to consider approving the deal on April 2. The lawsuit, filed by a woman using the pseudonym Jane Doe, alleged the bank ignored suspicious transactions linked to Epstein for profit.