BofA, BNY sued over alleged role in Epstein sex-trafficking

News October 16, 2025 at 05:03 PM
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What You Need To Know

  • A growing focus on corporate ethics and fiduciary responsibility are in the spotlight right now, and are becoming increasingly important for organizations of all sizes.
  • What can the Epstein-bank lawsuits reveal about the growing liability risks for institutions that ignore red flags?
  • The types of oversights alleged in this suit are closely tied to what ERISA fiduciaries are cautioned against — everything from ignoring signs of fraud in a 401(k) plan to failing to properly vet service providers and partners.