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.
Two dead, including infant, after boat capsizes in New York Harbor; 12 rescued
Teen accused of killing 10-year-old cousin Lily Peters may avoid November trial after new hearing scheduled
WATCH: Dems stand by Maine nominee hit with report he fathered children with his second cousin
Hawaii contractor nominated to construct GOP comeback after two-decade Democratic hold on governor’s mansion
Hawaii Gov. Josh Green cruises to Democratic primary win, sets up fall matchup with GOP nominee
Hawaii rep cruises to Dem primary win after challenger arrested for beach brawl
Trump’s 4th of July fireworks display on National Mall confirmed as largest in history
Florida man allegedly kills family’s kittens in front of teenage daughter as form of punishment: officials
Watch: WNBA Player Ejected After Nearly Taking Off Sophie Cunningham’s Head With Clothesline Maneuver
EXCLUSIVE: Teen girls recall Jersey Shore ride malfunction that left them stuck hanging upside down
Trump’s White House ballroom foes face ‘very tough argument’ at Supreme Court, legal experts say
Fauci in the congressional wringer: a test for Trump’s newly-minted Attorney General
Graham replacement hopefuls make final pitches before special election: Iran war, DSA, Flock cams and more
The Hitchhiker’s Guide to what the Senate did and didn’t do overnight
One year on, US-brokered peace between Armenia and Azerbaijan cements US foothold in the Caucasus
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.
