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.
Watch: Baby Saved from Planned Parenthood After Sidewalk Counselor Convinces Father to Intervene
Struggling Canadian Vet Calls VA for Help, Says Caseworker Suggested He Consider Killing Himself With Canada’s New ‘Assisted Dying Service’
Inside the House GOP strategy to capitalize on Democrats’ warring factions in the new Congress
Trump keeps signaling an end to Iran war, but expert warns a crucial piece of his strategy is missing
Republicans unwilling to force an end to Iran war despite midterm beating
Richard Fowler wins Washington Examiner election contest
Democrat flips Alaska governor’s mansion after Trump-backed GOP infighting
Rubio’s Federalist Society performance fuels 2028 fire: ‘If he runs, he’ll be formidable’
Storybook Wedding … in a Swamp? Couple Opts for a Shrek Wedding, Hoping for Their Happily Ever After
Chicago’s Chief Financial Officer Abruptly Quits Rather Than Be Forced to ‘Compromise’ Her ‘Integrity’
Newly Elected House Democrat Admits He Is Under Investigation for Sexual Harassment
Rubio buoys conservative spirits after midterm rout: ‘Great things that last are built in decades, not election cycles’
DHS Sec. Markwayne Mullin Refuses to Rule Out Cyberattack or AI Issue as Ground Stop Continues
John Kennedy Gets Serious: Lays Out What Senate GOP Needs to Do Before Dems Take Control
Coincidence? FAA Rolled Out New AI Tool Days Before Friday’s Groundstop
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.
