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.
Trump voices frustration with NATO, says Iranian navy ‘destroyed’ as US preps for blockade
Trump accuses Pope Leo of being ‘terrible’ on foreign policy over pontiff’s anti-war comments
Starved toddler died of neglect after eating diapers, drywall in filthy room, as parents’ room was kept clean
Breaking: Eric Swalwell Suspends Campaign Amid Flurry of Sexual Assault Accusations
NYC mayor cites $180K racial wealth gap to justify taxes, police cuts
Manhunt underway after gunmen storm Chick-fil-A leaving 1 dead
DOJ fires warning shot as Spanberger signs gun legislation
Iran, Uranium, and Epic Fury: All You Need To Know About The Iranian-U.S. Conflict
Blackmon: Drill, Baby, Drill Makes Modest Comeback
Op-Ed: The Economy Isn’t Perfect, But Crisis Talk Is Overstated and Politically Motivated
Atlanta teen arrested for murder after fatal shooting of 12-year-old inside home
Trump Judge Refuses to Block Sending Abortion Pills by Mail, But There’s Still Hope
Op-Ed: From Deplorable to Affordable – How the Dems Switched Out Lies for Campaign Messaging
Iran talks done in by Tehran’s delusions over leverage they don’t have, US official says
NBA Player Jaden Ivey Seen Street Preaching After Stand for Biblical Marriage
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.
