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.
Obama Presidential Center follows widely-mocked ‘stolen land’ acknowledgment with Native American dance show
Manhunt underway for Kansas City shooting spree suspect near World Cup venue; FBI offering $25K reward
US Park Police arrest former Olympian for vandalism of Reflecting Pool
Obama Center embeds ‘Indigenous’ land message on controversial site
Dem who sued to remove Trump’s name from Kennedy Center now says venue becoming ‘lifeless husk’ in fresh fight
Biden scores temporary court victory as Trump-appointed judge delays release of Hur investigation materials
Breaking: Iran Closes Strait of Hormuz, Threatens End to Peace Talks
Soccer Fan Accuses Israel of Killing Palestinian Team, Pathetically Falls Apart After Learning Palestinians Slaughtered Israeli Team in 1972
Trump blames ABC reporter and vandals for peeling Reflecting Pool and algae growth
Revamped Reflecting Pool Damaged by ‘Radical Left Lunatics,’ Trump Says
Texas Surges Past California in Key Sign of Business Influence
Trump says Meloni ‘wants to be friends again’ after Italy refused to help US amid Iran war
Vance says ‘United States wins either way’ as he defends Trump’s Iran deal against GOP skeptics
Please Clap: Bush Family Member’s Electoral Failure in Maine Is More Evidence RINO Establishment Is Dead
War Department Whittles Down Number of ‘Religions’ It Recognizes
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.
