Bank of America has agreed to pay $72.5 million to settle a civil lawsuit brought by women who accused the bank of enabling sexual abuse by Jeffrey Epstein, according to court filings on Friday. The proposed settlement follows a class action filed in October by a woman using the pseudonym Jane Doe, claiming the bank ignored suspicious financial transactions tied to Epstein.

Lawyers for the bank and plaintiffs told U.S. District Judge Jed Rakoff in Manhattan earlier this month that they had reached a “settlement in principle,” though terms were not previously disclosed. A spokesperson for Bank of America said the resolution allows the bank to “put this matter behind us” while maintaining that it did not facilitate sex trafficking crimes.

Plaintiffs’ attorneys David Boies and Bradley Edwards described the settlement as the best option for women who suffered harm years ago and need financial relief. Court records indicate the lawyers may request up to 30% of the settlement—about $21.8 million—for legal fees. Judge Rakoff scheduled a hearing Thursday to consider approving the deal.

Doe’s lawsuit alleged that Bank of America valued profit over protecting victims and provided routine services to individuals linked to Epstein despite widespread warning signs. In January, Rakoff ruled the bank must face claims that it knowingly benefited from Epstein’s trafficking and obstructed enforcement of the federal Trafficking Victims Protection Act. Among transactions cited was a payment from Apollo Global Management co-founder Leon Black, who stepped down as CEO in 2021 after an independent review found he paid Epstein $158 million for tax and estate planning. Black denied wrongdoing and said he was unaware of Epstein’s criminal activity.

The Doe lawsuit follows prior settlements in 2023 with JPMorgan Chase ($290 million) and Deutsche Bank ($75 million) for alleged enablers of Epstein. Epstein died by suicide in a Manhattan jail cell in August 2019 while awaiting trial on sex trafficking charges.