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 says Karoline Leavitt will leave White House press secretary role, become outside advisor
Former SPLC official arrested as feds expand case over alleged $4M scheme involving extremist groups
Former SPLC Exec Arrested on Fraud Charges Connected to KKK Relationship
DOJ charges 11 in alleged decadelong sham marriage scheme involving Chinese nationals
Report: Russia Is Giving China ‘Incredibly Important’ Military Technology to Use Against US
Trump’s dead ‘anti-weaponization fund’ comes back to life in Georgia Senate race
Ukraine pauses strikes on tankers after JD Vance request and Russian threats
‘Decoy’ Air Force One was protected by US fighter jets, official says
DOJ heavyweights throw monkey wrench in Dem plans to put Trump allies in hot seat
Leftists Melt Down as ESPN’s Biggest Star Hangs Out With Trump to Promote High School Athletes
Graphic Language: Video Shows El-Sayed Pal Hasan Piker Bragging About Wiping ‘My A** With the Constitution’
Florida deputy killed ex-girlfriend over a TV, then himself, sheriff says
Texas mom accused of killing 3-year-old daughter captured in Mexico after nearly 30 years on the run
Former ESPN and NBC Sideline Reporter Michele Tafoya Triumphs in GOP Senate Primary
Breaking: Inflation Rate Drops, Defying Economist Projections
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.
