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.
FAA ground stop timeline: Weekend chaos grounds planes and postpones games
North Korean Hackers Hijacked US Employee Webcams to Steal Hundreds of Millions – The FBI Just Put a Stop to It
Duffy: Investigators examining 2 routers after nationwide FAA ground stop, no signs of foreign cyberattack
These AI Startups Want To Predict Your Moves, Speak For The Dead — And ‘Take Your Jobs’
Blue-Collar Electrician Sues Soros-Linked NGOs and Activists for Allegedly Sabotaging Data Center Jobs and Costing Him Work
Pennypinching Over Student Lives? Fiery Crash Killed 15-Year-Old – Lawsuit Says School Ignored Safety Warnings to Score ‘Very Cheap’ Vans
Buttigieg takes swipe at Trump administration amid FAA flight chaos
NYC DSA urges AOC to run for president while planning to take over City Council
Congress’ incoming wealthiest member vows to crack down on politicians getting rich in office
Virginia parents charged after house party draws hundreds of teens, fireworks and alleged underage drinking
OnlyFans model Courtney Clenney moved to new prison, listed as minimum custody inmate: records
Murders plunge in US cities as Americans reclaim their streets from thugs
Trump’s top officials retreat behind military gates as ex-FBI deputy points to what’s fueling threats
Dem Senator Who Called for RFK Jr to ‘Resign or Be Fired’ Is Backed By Big Pharma
Inside Senate GOP’s tense post-election reckoning as Thune clashes with Republican critics
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.
