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.
Mysterious Washington, D.C., Power Outage Impacts Government Agencies a Day Before Midterms
Battleground Dem touts bipartisan record, but can’t name single issue she’d work with Trump on
Multiple people killed, others injured in shooting near California beach
Paxton’s Office Nails Felons Allegedly Voting in TX Election – Multiple Arrests, Numerous Investigations
Pentagon’s top spies tasked with ‘no-fail’ mission as Hegseth puts foreign midterm meddling in crosshairs
Mike Rogers Accused of ‘Cowardly Compromise’ After Stunning Abortion Flip-Flop
Breaking: Judge Dismisses Charges Against FBI Agents Accused of Lying About Hunter Biden Laptop
Woman, 20, identified as co-pilot of plane that crashed in Florida
Judge dismisses criminal complaint against two ex-FBI officials accused of lying to Congress about Hunter Biden
Union boss stuns with major Republican endorsement as election nears
Talarico campaigns alongside Democrat who called ICE ‘new KKK’ and demanded its abolition
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
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.
