"A lot of that language is in the complaint."
"'Knows' without saying by whom is vague. 'Affiliated' without saying what that means is vague," Rakoff told David Boies, an attorney who brought the case. "A lot of that language is in the complaint."
"a model of high-pitched rhetoric."
A federal judge expressed skepticism about lawsuits filed by Jeffrey Epstein victims against Bank of America and BNY Mellon, saying the complaints used frequently conclusory language. Judge Jed Rakoff compared the cases unfavorably to earlier suits against JPMorgan and Deutsche Bank, which settled for $290 million and $75 million respectively. Rakoff criticized vague phrasing such as 'knows' and 'affiliated' and called the complaints 'a model of high-pitched rhetoric.' The court permitted plaintiffs two weeks to amend their complaints using already-gathered discovery, stayed additional depositions and subpoenas, and indicated a ruling could come at the end of January.
Read at Business Insider
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