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.
New York grandmother vanishes in Las Vegas as family gets mysterious texts from her phone asking for Bitcoin
Watch: ESPN Botches On-Air Tribute to Network’s Founder on the Day of His Death
Zelensky’s fired defense minister mounts political challenge by demanding new elections
Alert: Trump Resurrects Keystone XL Pipeline in Cryptic Truth Social Post, Moments After Announcing Trade Deal With Canada
The people trying to kill Trump are kooks, resistance maniacs, and Iranians: Byron York
Lindsay Clancy described a male voice ordering her to ‘kill her children and kill herself’: testimony
Police arrest 19-year-old for deadly Great Falls stabbing of woman
Turkey accuses Netanyahu of pursuing ‘expansionist’ policies after Israeli strike on Syrian airbase
California special interest groups follow Newsom into early 2028 primary states
Hegseth’s growing campaign role sparks talk of political future
‘How Weak Are You?’: Watch as Vet Who Lost Both Legs in Afghanistan Shreds Sailors Whining About Food on USS Abraham Lincoln
Minnesota prosecutor accused of billing Medicaid from commercial sex house she turned into assisted-living facility
Socialists capture major Florida victory on hit-or-miss night for Trump-endorsed primary candidates
Inside the tension that drove Trump’s South Korea alliance from ‘historic new era’ to military pullback
State of play: What to know about California showdown to replace Swalwell after massive scandal
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.
