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.
Platner aide hit with brutal timeline check after campaign denied rape claim, then folded days later
EXCLUSIVE: Former ‘Apprentice’ star picked by Trump to showcase America’s 250th anniversary through art
The RNC wants a massive Trump celebration. Some worry ordinary Republicans can’t afford to attend
BREAKING: GOP Sen. Lindsey Graham Dead at 71
Sen. Lindsey Graham dead at 71 after ‘brief and sudden’ illness, office says
Fox News Campus Radicals Newsletter: Alleged K-12 fraud, one school’s battle with Newsom and a win in Florida
‘Die Hard’ actor Robert Davi blasts Mamdani after NYC map omits Little Italy
Dem governor escalates McConnell health demands, cites response to past Trump health concerns
Another US citizen tests positive for Ebola virus while working in Congo amid record outbreak
Sanders and Ocasio-Cortez to stump for Abdul el Sayed in Michigan Senate primary
Army Black Hawks airlift 200-plus stranded campers as Missouri floods trigger more 350 rescues
Renowned Feminist Historian Loses Professorship as Experts Tear Apart Her So-Called Historical Findings
NYPD officer charged with rape, child sex crimes previously admitted to misconduct on the job, records show
Trump Signals Daylight Savings Time May Soon Become Permanent, Praises Bill
Teen Athlete Goes Viral After Revealing She Was Sexually Harassed by Trans Athlete in Locker Room
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.
