Harvey Weinstein, the movie mogul accused of sex crimes by multiple women, has reached a tentative $44 million settlement to resolve lawsuits against him with his accusers, creditors and board members of his former film studio, according to multiple reports Thursday night.
Under the proposed settlement, which has not been finalized, $30 million would be paid to the plaintiffs — which includes former employees of Weinstein Co. — and $14 million would go to pay legal fees, with the funds coming from insurance policies, The Wall Street Journal reported.
“For the first time, as of yesterday…we now have an economic agreement in principle that is supported by the plaintiffs, the [New York attorney general’s] office, the defendants and all of the insurers,” said Adam Harris, a lawyer for studio co-founder Bob Weinstein, to Judge Mary Walrath of the U.S. Bankruptcy Court in Wilmington, Del, according to the paper.
The agreement comes 19 months after allegations against Weinstein first surfaced and rocked the entertainment industry.
NFL owner’s prostitution arrest puts top Dem committee on defense: ‘So desperate for cash’
Former Texas high school teacher arrested after probe into inappropriate student relationship
Jelly Roll Doubles Down, Tells Trump Supporters to Stop Listening to His Music
Judge clears path for ICE agent accused in Minnesota shooting case to leave Texas jail
Watch: UK Royal Family Stages Incredible Tribute to Dolly Parton at Buckingham Palace
America’s heartland comes face-to-face with 9/11 history as 25th anniversary nears
Democrat officials charged for allegedly scamming COVID relief funds
Trump scores federal court win against House progressive accused of assaulting ICE
Dem Candidate, Music Superstar With Sick Sexual History Defended Fellow Musician’s Video In Which He Gropes and Kills Woman
Breaking: ‘Rocky Horror Picture Show’ Star Tim Curry Dies at 80
Netanyahu claims his son was targeted for assassination by Iran
Felony charges against Golden Gate Bridge protesters dropped
How JD Vance worked a private channel with his fantasy football buddy to try to secure a Canada trade deal
Army vet lawmaker marks Abbey Gate anniversary with blistering message for Biden-Harris: ‘Abject failure’
SEE IT: LA Dem candidates torched by disgusted residents after ‘disgraceful’ debate: ‘Both bad’
Dozens of women — including actresses Ashley Judd, Rose McGowan and Paz de la Huerta — accused to Hollywood bigwig of rape, assault and verbal abuse over many years, the Los Angeles Times reported. The allegations gave rise to the #MeToo movement and started the debate over workplace harassment.
A spokesperson for Weinstein declined to comment to the Journal. Advisers to Weinstein Co. — which filed for bankruptcy last year– still need to approve the deal. If finalized, the deal would resolve a civil rights lawsuit filed by the New York attorney general’s office last year that accuses Weinstein Co.’s executives and board of failing to protect employees from a hostile work environment and Mr. Weinstein’s sexual misconduct, according to the paper.
Weinstein still faces criminal charges of rape and other sex crimes in New York. He is expected to go on trial in September.
Story cited here.
