BNY Gets Epstein Suit Dismissed, BofA Continues to Face Claims

A federal judge in New York dismissed a proposed class-action lawsuit against Bank of New York Mellon Corp. by victims of Jeffrey Epstein accusing the bank of aiding in his sex-trafficking. The judge allowed two claims to proceed in a related suit against Bank of America Corp.

US District Judge Jed Rakoff on Thursday threw out all claims that BNY participated in and benefited from Epstein’s actions. The judge dismissed four of six claims in the case against Bank of America but permitted the victims to move ahead with claims that it knowingly benefited from Epstein’s conduct and obstructed enforcement ...