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 go-to Michigan auto worker gets a job and the spotlight
This Isn’t Want Dems Had in Mind: Cali’s Wealth Tax Plan Handed Billionaire Zuckerberg a Massive Pay Increase
Did He Forget About 9/11? Muslim Brotherhood-Connected El-Sayed Said US Was ‘A Lot More Safe’ Under INS
Second Amendment fight moves beyond guns with Supreme Court poised for big ruling
Bush dynasty delivers another blow to GOP in Texas Senate battle as family member breaks ranks
Breaking: US Evacuates Middle East in ‘Sudden Exodus’ as ‘Advanced Stages’ of Iranian Assassination Plots Come to Light
Obama prepares to rally with Michigan Dem who once delivered scathing verdict on his presidency
Omar’s deleted tweet could give clue on alleged brother marriage
Trump’s war on drug cartels could gain powerful new ally after pivotal election
Missouri businesswoman and single mom killed when police SUV responding to emergency crashes into her Audi
Cornell rape accuser can remain ‘Jane Doe’ as judge warns threats could lead to federal charges
The parties have flipped on support for Israel
BLUE WAVE CRUSHED? Frank Luntz Warns CNN of Flawed Polling and Defiant Trump Voters
Alabama man allegedly decapitates family members with chainsaw, hours after 911 warning
DHS Testing Nonlethal Device That Causes ‘Irresistible Urge to Run’ for Use at Border
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.
