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.
BREAKING: Swalwell’s Campaign Paid for Room at Hotel Where He Allegedly Raped Lonna Drewes – Same Timeframe, Same Address
Colorado highway descends into chaos after massive 75-vehicle pileup, amid hazardous winter weather
Former UCLA gynecologist sentenced after pleading guilty to sexually assaulting patients at school
Docs show migrant accused of killing Loyola student was flagged as flight risk before release
Two Congressmen Resign Hours Apart, Underscoring One Basic Commandment: Don’t Commit Adultery
Former Swalwell ally says longtime friendship with him ‘clouded my judgement’ as rumors swirled in DC
NY Nuns Fight Back After Kathy Hochul Orders Them to ‘Abandon Their Religious Beliefs’ or Close Their Nursing Home
Appeals Court Slaps Down Judge Boasberg’s Targeting of Trump Admin, Citing ‘A Clear Abuse of Discretion’
Senate GOP eyes midterm calendar ahead of Samuel Alito retirement decision
Dem fundraising giant in the hot seat as GOP lawmakers demand answers over dodged subpoena
Josh Hawley seeks DOJ abortion drug investigation amid FDA safety review
DOJ moves to vacate Jan. 6 seditious conspiracy convictions of Proud Boys and Oath Keepers leaders
Erika Kirk cancels University of Georgia TPUSA event appearance over ‘serious threats’
‘He should go’: Senate Dems turned on Swalwell ahead of resignation announcement
Thom Tillis slams Trump’s proposal to impose tolls on ships in Strait of Hormuz
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.
