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.
Alex Murdaugh murder trial ‘egg juror’ fights to unseal state investigation into Becky Hill: report
Bryan Kohberger appointed new lawyer after Idaho murders case costs taxpayers over $8 million
Capitol sex scandals spark push to ban House lawmakers from sleeping with staffers
We Have Receipts: Four Years Ago, Fauci Said ‘Nothing to Hide,’ ‘Very Happy to Testify’ Before Congress
Can Fauci hide behind the Fifth? Game-changing Biden pardon may not provide complete cover, experts say
Watch: Seattle Top Cop Gives Absurd New Name to Criminal Gangs, Confirms He Was at Black Conference in Texas During Seattle Mass Shooting
‘Woke’ Smithsonian exhibit lionizes embattled Fauci amid conservative scrutiny of museum’s messaging
Trump accused China of an ‘election security nightmare’ but then undercut his own warning
Here’s What We Know About Key Questions Fauci Refused to Answer
How the Big Beautiful Bill became law: Trump the closer
Man sentenced to 6 months in jail for ramming car into Jewish group’s world headquarters in New York
Trump admin invokes 30-year dormant terror court as it seeks to deport Afghan woman tied to Election Day plot
Lindsay Clancy prosecutors ‘squeeze’ timeline from ex-husband as jury weighs ‘murder versus madness’: expert
Army conducts first overseas test of ‘Hammer of the Gods’ weapon-disrupting system
Grandmother’s missed pickup leads to grim discovery in church parking lot
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.
