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.
‘Devil in the Ozarks’ gets more prison time for escaping, now in supermax facility
Bald eagle floating on Hudson River ice rescued by NYPD
Minnesota Officials Forced to Sound the Alarms Over Fungal STD Outbreak
Watch: Whoopi Goldberg Rushes to Explain Why She Was in the Epstein Files Seeking to Use His Private Jet
Immigration judge blocks deportation of Columbia anti-Israel agitator
Sanders-endorsed Senate candidate knocked for alleged flip-flop to ‘have it both ways’ on key issue
Hollywood Star Arrested, Charged After Altercation: ‘Held Down Until Police Arrived’
NYC Board of Elections worker says ‘not my job to report anyone’ when asked about registering non-citizens
Gun store owner says FBI asked him to check firearm sales against list of names, pics in Guthrie case
Mike Lee calls Schumer’s ‘Jim Crow 2.0’ attack on voter ID bill ‘paranoid fantasy’
Palestinian activist accused of expressing desire to ‘kill Jews’ wins deportation case
Air Force One scraps iconic Kennedy-era paint scheme for Trump-approved red, white, blue design
Inside world’s top science society’s convention bashing Trump, pushing DEI, pronouns: ‘Felt like a funeral’
How did Jeffrey Epstein get rich? Meet Les Wexner, the ex-Victoria’s Secret CEO who once worked with him
Mistrial declared in Texas ICE detention center ambush trial over defense lawyer’s T-shirt
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.
