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.
Police Department Uses AI to Write Reports, Only to Have it Claim One of the Officers Was Turned Into a Frog
Blackstone Stock Nosedives After Trump Announces Plan to Ban Major Investors from Buying Up Single-Family Homes
Trump responds to post suggesting Rubio as president of Cuba: ‘Sounds good to me’
Somali Maine city councilor resigns days after taking office after felony charge, residency questions
Ex-con charged in Christmas Day CVS robbery that left clerk fatally stabbed
Rob Schneider Goes Off on Minneapolis Mayor for Fanning Flames After ICE Shooting
NASA makes ‘unprecedented’ call to bring astronauts home after illness, expert says: ‘Evacuated from orbit’
How One Trump Admin Arrest May Soon Refill the Strategic Oil Reserves Biden Drained
Left-wing group backs tens of thousands of anti-ICE demonstrations nationwide
Lib Reporter Faces Subpoena After Doxxing Delta Force Commander Over Maduro Capture
Charlie’s Legacy: Ex-Playboy Playmate Jenny McCarthy Has ‘Surrendered’ to Jesus, Says Kirk’s Death Immediately Drove Her to Start Studying the Bible
DC pipe bomb suspect pleads not guilty to planting devices at DNC and RNC headquarters
Trump says Venezuela has begun releasing political prisoners ‘in a BIG WAY’
Trump Launches Plan to Protect Americans from Getting ‘Ripped Off’ By Credit Card Companies
MTG May Have Leaked Trump’s Location to Unhinged Activists: White House
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.
