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.
El Sayed celebrates ‘delicious irony’ that ‘habibi’ Vance has to swear him in: ‘Call me senator’
Breaking: Mike Johnson Bows Out as House Republican Leader
Majority of Americans broadly reject socialist ideology even as far left surges to power
Democrats seize majority of governors’ offices in election-night shift
Scott Jennings Highlights the ‘Silver Lining’ Hidden in Republicans’ Midterm Disaster
Crashed Learjet Audio Recorded Months Ago Captured Exasperated ATC Ordering Male, Female Pilots to Correct Flight Maneuver
After Feigning Concern About Affordability for Months, Top Dem Reveals It’s All Just About Lawfare Now That They Control Congress: ‘LAWYER UP’
From Texas to Kansas, 6 stunning midterm results that upended the political map
Meet the far-left socialists coming to Congress next year
Former Republican Kevin Kiley loses to Richard Pan in California’s 6th District
Blue wave sweeps Democrats into power and more top headlines
Nawrocki urgently seeking US troops in Poland amid high court ‘coup d’etat’ supported by EU
El-Sayed mocks Trump, Vance and Rogers in gloating victory speech signaling combative tone in Senate
Dem AG pulls off upset of sitting Republican governor after blistering campaign in key swing state
Abdul el Sayed defeats Mike Rogers in Michigan race, poised to become first Muslim senator
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.
