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.
Trump’s Labor Department takes another hit as inspector general accused of abusing role
WATCH: America250 backdrop topples near Shapiro, Revolutionary War reenactors
Navy scraps Biden-era submarine contract as overhaul costs surge toward $3B
Unfortunate Video: Mamdani Thought Walking Through NYC Was a Great Photo Op, Then People Noticed What Was Behind Him
Report: Roger Stone Stepped in and ‘Saved’ Tulsi Gabbard from Being Fired by Trump
Nation’s second-largest school district targeted by Trump over secretive trans policy
Video: Hunter Biden Hits New Rock Bottom, Agrees to Insane Cage Match Against Don Jr., Eric Trump
BREAKING IMPEACHMENT NEWS: Hearings on Tim Walz, Keith Ellison Impeachment to Begin Next Week
Artemis II crew closes in on Earth as mission ends with Pacific splashdown and more top headlines
Midwest nasty: ‘Hoosier nice’ gets swamped in Trump White House’s redistricting revenge tour against Indiana Republicans
Sanford bets he can withstand likely Trump campaign jabs
Progressives in Washington, California, and Hawaii want to squeeze the wealthy
Rep Randy Fine joins House Freedom Caucus: ‘Strongest group of conservative patriots in Congress’
American couple’s Bahamas dinghy was ill-equipped for conditions night of wife’s disappearance: friend
DoorDash data offers snapshot of economy voters are feeling ahead of midterms
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.
