- Leon Black's deposition in an Epstein victims' lawsuit was postponed for 10 days.
- Epstein victims allege Black's funds facilitated sex-trafficking through Bank of America's accounts.
- Black's deposition is set for March 26. House Oversight also wants to depose him.
As part of a sprawling lawsuit against Bank of America, lawyers for Jeffrey Epstein's victims will be able to depose one of the most important figures in the sex-trafficker's financial life: Leon Black.
But Black can delay his lawsuit for 10 days, a judge ruled Wednesday.
It wasn't publicly known that Black — the billionaire former CEO of Apollo Global Management — would be forced to sit for a deposition until US District Judge Jed Rakoff scheduled the hearing earlier Wednesday to determine whether he could delay it.
Michael Carlinsky, an attorney at the law firm Quinn Emmanuel representing Black, told the judge that the deposition should be delayed because there's a chance the lawsuit will soon be settled, making it unnecessary.
"My understanding is the parties are very close to resolving this dispute," Carlinsky told Rakoff.
Representatives for Bank of America and attorneys representing Epstein victims had no immediate comment on a possible settlement. A representative for Black, who has denied knowledge of Epstein's sex trafficking operation, also declined to address settlement talks.
Black transferred Epstein over $150 million between 2012 and 2017, which he has said were payments for financial services that included tax and estate-planning advice.
The proposed class-action lawsuit brought by Epstein victims alleges the Black's funds were used to facilitate Epstein's sex-trafficking operation. Bank of America, which housed Black's financial entities, should have more closely scrutinized the accounts and transactions related to Epstein, the lawsuit says.
Similar lawsuits brought against JPMorgan Chase and Deutsche Bank have settled, obtaining hundreds of millions of dollars for Epstein's victims.
In January, Rakoff dismissed a portion of the lawsuit against Bank of America and entirely tossed a parallel lawsuit filed against BNY, also known as Bank of New York Mellon Corp.
In Wednesday's hearing, Rakoff set some parameters for Black's deposition. He said it could take up to 8 hours, with 5 hours for victims' lawyers and 3 for Bank of America lawyers.
The deposition, originally scheduled for March 16, will instead begin on March 26, Rakoff ruled.
As a condition of the ruling, Carlinsky said he wouldn't ask for any additional delays on Black's behalf.
Black has also been asked to appear for a May 13 deposition before the House Oversight Committee, which is investigating Epstein and Ghislaine Maxwell. Maxwell is serving a 20-year prison sentence after a jury found she trafficked girls to Epstein for sex. Epstein died in jail in 2019 while awaiting trial on sex-trafficking charges against him.
"Mr. Black paid Epstein for tax and estate planning work and he had no awareness of Epstein's criminal activity," Whit Clay, a spokesperson for Black, told Business Insider. "He looks forward to answering the committee's questions, providing additional clarity and furthering their work."
On Wednesday, the House Oversight Committee deposed Richard Kahn, Epstein's longtime personal accountant and a co-executor of his estate, which was valued at $630 million at the time of his death.
Kahn said Epstein had five clients who paid him for financial services, which included Black, House Oversight Committee Chair Rep. James Comer told journalists during a break. Epstein's other clients included former L Brands CEO Les Wexner, former Microsoft executive Steven Sinofsky, "the Rothschilds," and billionaire hedge fund manager Glenn Dubin, Comer said.
Facts Only
Leon Black’s deposition in a lawsuit filed by Jeffrey Epstein’s victims against Bank of America was postponed from March 16 to March 26.
The lawsuit alleges Bank of America failed to scrutinize transactions linked to Epstein, including over $150 million transferred by Black to Epstein between 2012 and 2017.
Black’s legal team requested the delay, citing potential settlement negotiations.
U.S. District Judge Jed Rakoff approved the 10-day postponement and set parameters for the deposition, allowing up to 8 hours of questioning.
Black has denied any knowledge of Epstein’s sex-trafficking activities, stating the payments were for financial services.
The House Oversight Committee has also summoned Black for a deposition on May 13 as part of its investigation into Epstein and Ghislaine Maxwell.
Epstein’s accountant, Richard Kahn, testified that Epstein had five clients, including Black, Les Wexner, Steven Sinofsky, the Rothschilds, and Glenn Dubin.
Similar lawsuits against JPMorgan Chase and Deutsche Bank have resulted in settlements for Epstein’s victims.
Judge Rakoff previously dismissed portions of the lawsuit against Bank of America and entirely dismissed a parallel lawsuit against BNY Mellon.
Black’s spokesperson stated he looks forward to answering the House Oversight Committee’s questions.
Executive Summary
Leon Black, the billionaire former CEO of Apollo Global Management, is set to be deposed in a lawsuit brought by Jeffrey Epstein’s victims against Bank of America. The deposition, originally scheduled for March 16, was postponed by 10 days to March 26 after a judge ruled in favor of a delay requested by Black’s legal team, citing potential settlement negotiations. The lawsuit alleges that Bank of America failed to adequately monitor transactions linked to Epstein, including over $150 million transferred by Black to Epstein between 2012 and 2017 for purported financial services. Black has denied any knowledge of Epstein’s sex-trafficking activities. The deposition will allow up to 8 hours of questioning, split between lawyers for the victims and Bank of America. Additionally, Black has been summoned to testify before the House Oversight Committee in May as part of its investigation into Epstein and Ghislaine Maxwell. Meanwhile, Epstein’s accountant, Richard Kahn, testified that Epstein had five high-profile clients, including Black, Les Wexner, and Glenn Dubin. Similar lawsuits against JPMorgan Chase and Deutsche Bank have already resulted in settlements totaling hundreds of millions of dollars for victims.
The case highlights ongoing legal and political scrutiny of financial institutions and individuals connected to Epstein’s operations. While Black’s legal team suggests a settlement may be imminent, no official confirmation has been provided by any party. The outcome of these depositions could further clarify the extent of financial institutions' roles in facilitating Epstein’s activities and the accountability of his associates.
Full Take
The strongest version of this narrative centers on accountability—financial institutions and powerful individuals are being compelled to answer for their roles in enabling Epstein’s crimes. The postponement of Black’s deposition, framed as a potential settlement, could signal a strategic effort to avoid public scrutiny or a genuine attempt to resolve the case. The inclusion of high-profile names like Black, Wexner, and Dubin underscores the systemic nature of Epstein’s network, where wealth and influence may have shielded complicity. The House Oversight Committee’s parallel investigation adds political pressure, suggesting a broader reckoning beyond civil litigation.
Pattern scan: The narrative leans on the authority of legal proceedings and judicial rulings to lend credibility, but the emphasis on Black’s denial and the potential settlement could serve as a distraction from deeper scrutiny. The framing of Epstein’s clients as a closed list of five may oversimplify a more extensive network, risking a false sense of closure. The repeated mention of settlements with other banks could create a precedent effect, subtly pressuring Bank of America to follow suit without addressing systemic failures.
Root cause: The paradigm here is institutional and elite impunity. The assumption is that financial transactions, no matter how large or unusual, are presumed legitimate unless proven otherwise—a gap Epstein exploited. The historical pattern echoes other scandals where powerful figures evade consequences through legal maneuvering or settlements that prioritize financial resolution over justice.
Implications: For human agency, this case tests whether legal systems can hold elites accountable or if wealth insulates them from consequences. The victims bear the cost of prolonged litigation, while institutions and individuals may treat settlements as a cost of doing business. Second-order consequences include potential reforms in financial oversight, but also the risk of performative accountability—where public depositions and settlements create the illusion of justice without systemic change.
Bridge questions: What would it take for financial institutions to proactively flag suspicious transactions involving high-net-worth individuals? How might the focus on a few high-profile clients obscure the broader ecosystem that enabled Epstein? What would change your mind about whether Black’s payments were truly for legitimate services?
Counterstrike scan: A coordinated influence campaign would likely amplify the settlement narrative to deflect attention from individual culpability, while downplaying the systemic failures of banks. The actual content aligns partially—settlement talks are highlighted—but the inclusion of Black’s denial and the House investigation suggests a more nuanced, multi-layered accountability process rather than a pure distraction tactic. No clear structural alignment with a manipulative playbook.
Patterns detected: ARC-0024 Ambiguity (settlement talks as potential evasion), ARC-0043 Motte-and-Bailey (denials of knowledge vs. financial transactions)
Sentinel — Human
The article exhibits strong markers of human authorship, including natural phrasing, specific attributions, and uneven but organic emphasis on certain details.