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.
The legal case for and against nationalizing elections
Illinois bar owner killed in ‘execution-style’ shooting, suspect with decades-long criminal record in custody
Pennsylvania hospital blaze forces patients to be evacuated
American Medical Assoc. Retreats on Trans Surgery for Kids After Years of Embracing Mutilation – 5 Days After $2 Million Judgment Against 2 Docs
Dem leaders share list of 10 demands for ICE reforms with GOP
Trump calls family of Staff Sgt Ollis to confirm Medal of Honor award
Watch: Perfect Troll vs Lamest Response – Scott Bessent Nails Dem in Heated Exchange, Then Dem Gives Literally the Lamest Response Possible
Trump returns to National Prayer Breakfast as faith takes center stage in second term
Republican who said Sen Cassidy ‘sucks,’ gets Trump endorsement after ditching Senate bid for House run
Teachers union leaders spent thousands at swanky resorts
Bodycam shows NYPD officer shooting man with knife as Mamdani calls for no criminal charges
Georgia GOP Rep Barry Loudermilk to retire, adding to wave of House exits
More than 200 people evaluated in Tennessee after carbon monoxide leak infiltrates university facility
FBI arrests 55 in massive drug ring with alleged China supplier flooding US streets with fentanyl
Hochul primary challenger picks democratic socialist, once arrested for harassment, as running mate
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.
