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.
Judge Slams Mamdani’s ‘Arbitrary’ and ‘Capricious’ Tax, Hands New Yorkers Major Legal Victory
Icon Missing from Florida Church for 100 Years Turns Up on a Back Wall in Another Country
Trump turns to emerging tech giant in multi-billion bid to ramp up US submarine production
Trump sparks outrage for suggesting that Iran could ‘take out’ Los Angeles and San Diego
Blue city emerges as ‘suspected hotspot’ of visa fraud as swing state lawmaker demands answers
Peter Navarro seeks Supreme Court review as Trump allies brace for Democratic subpoenas
Another Country Singer Betrays: Built Career on Decent Fans, Now Zach Bryan Trades Them for Terror Apologists
DNA testing confirms body of flight attendant who was killed and thrown from bridge
Watch: Tom Homan Leaves CBS Journalist Speechless, Frozen on Camera With Simple ICE Question He Can’t Answer
Lethal injection survivor Christa Pike’s former satanist boyfriend could be released in 5 years
NYT columnist thrashed online for suggesting Trump is to blame for alleged Cornell gang rape
Millions saved by blocking dead people payouts as Trump Treasury drops hammer on federal fraud
‘Project 1619’ Marxist Creator’s Full Degeneracy Revealed: Her Sick Response When Daughter Told Her She Wanted to Be the Best
Watch: The Priceless Moment Fetterman Accidentally Declares He’s a Lifelong Republican – So Would He Be a Good One?
Battle over Daylight Saving Time erupts as push to stop changing clocks hits Senate wall
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.
