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 helicopters collide midair near Oregon airport with three people aboard, FAA confirms
Chili’s customers suffer chemical burns after dangerous margarita mix-up
A ghost story in the nation’s Capitol
El-Sayed’s Father Connected to Charity Once Accused of Financially Aiding Saddam Hussein
Minnesota official’s voter guide message on Somali TV triggers viral backlash: ‘Not an accident’
PHOTOS: Trump hosts trick-or-treaters at White House Halloween event
US dual citizen extradited to El Salvador, accused of killing son’s mother and abandoning toddler: DOJ
Harris pushes Georgia Democrats to turn ‘pain into purpose’ in fight against ‘tyrant’ Trump
Watch: Shattered Glass on Ground as DOJ Agents Hit Minneapolis Fraudsters Hard, Launching Multiple Simultaneous Raids Around City
Trump Admin Exposes North Korean Tech-Hiring Scam, US Companies Were Funding the Country’s Weapons
National Democrats leave Mary Peltola to fend for herself amid Alaska Senate scandal
Breaking: Sir Patrick Stewart, Legend from Star Trek and X-Men, Has Died Due to Previously Undisclosed Health Issues
Judge grills AG’s office in Cornell sex assault case as ex-frat bro’s lawyer demands ouster over alleged bias
9 Alleged Cartel-Linked Train Bandits Arrested in California
Dem probes could ‘torture’ young Trump officials with crushing legal bills, subpoenaed conservative warns
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.
