News • Opinons • Politics

Harvey Weinstein Reaches $44M Compensation Deal With Accusers, Creditors

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.


Democratic Senator Chris Murphy Hospitalized After Suffering Stroke
Martha Stewart Makes Homeless Costume 10x Worse With One of the Most Disastrous Apologies We’ve Ever Heard
Haley Stevens’ endorsement stunt backfires with El-Sayed setting single-day fundraising record
Watch: Giant Man Picks Up Kicking, Screaming Woman and Simply Carries Her Away in Daylight Kidnapping Attempt
Steve Hilton rallies at ‘symbol of 16 years of Democrat failure’ in closing days of California race
Watch: El-Sayed’s Last Minute ’60 Minutes’ Mess – Just Can’t Say Israel Has Right to Exist Full Stop
Staff exodus ensues after Dem Haley Stevens flips on own party and endorses GOP rival and more top headlines
George Floyd-era police watchdog chair charged with selling name to inmate who vowed to ‘blow down’ witness
The GOP reveals a fresh $100B talking point as the battle for Congress looms
How to watch critical 2026 midterm election races in TX, OH, MI, WI, GA, IA, NV, ME and FL
Mamdani says Trump agrees to grant visa so mother can attend funeral of teen killed in Bronx shooting
Collins accuses Schumer of pushing attack ads filled with ‘outright lies’ in tight Maine race
Missing Utah teen Kylie Arellano found safe in Oregon after 500-day search
Michigan Democrats in disarray after Haley Stevens endorses Mike Rogers and gets kicked out of party
Chicago Assailants Picked the Victim, Quickly Discovered He Had a Concealed Carry Permit
See also  Major companies abandon SPLC’s ‘hate groups’ screening tool in corporate giving programs

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.

Share this article:
Share on facebook
Facebook
Share on twitter
Twitter


Discover more from ConservativeModern.com

Subscribe now to keep reading and get access to the full archive.

Continue reading