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.
Savannah Guthrie offers $1 million family reward for recovery of Nancy Guthrie
France restricts Trump ambassador’s access to officials after missed summons
Idaho woman accused of attempting to set fire to DHS building with stolen ambulance
Alert: Massive Development Reported in DOJ’s Sedition Case Against Mark Kelly, Others – Bad News for Trump Admin
Speechwriters from Reagan to Biden agree: Trump’s SOTU is a critical test for his second term
California GOP infighting could destroy any chance at governorship
Trump to come face-to-face with Supreme Court justices who rejected tariffs at State of the Union
Prosecutors: Utah Mom Who Wrote Children’s Book About Grief After Husband Died Actually Killed Him
FBI records contradict claims Biden was ‘not aware’ of Mar-a-Lago raid
Conservative super PAC drops six-figure ad buy in major move to defend Trump’s trifecta
EXCLUSIVE: Trump to center SOTU on working families with sweeping economic case
Good Samaritans Help Chicago Family Recover Stolen Dog
Potential ’28 Presidential Candidate Gavin Newsom Continues to Backtrack on Trans Sports Debate
Missouri suspect taken into custody after deputy fatally shot, ending manhunt
California allocating $35M to support illegal immigrants amid Trump’s mass deportation agenda
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.
