JOIN OUR WHATSAPP CHANNEL
Harvey Weinstein reaches tentative USD 25M deal with sexual misconduct accusers
Disgraced Hollywood movie producer Harvey Weinstein has reached a tentative USD 25M deal with his sexual misconduct accusers. Read on for more details.
Disgraced Hollywood movie producer Harvey Weinstein and the board of his bankrupt film company reached a tentative $25 million settlement with several of the people who accused him of sexual misconduct. According to the terms of the deal, Harvey would not have to pay anything to his accusers himself, nor would he have to admit any of his wrongdoings, The New York Times reported. The proposed settlement has been preliminarily approved by the major parties involved, according to the lawyers involved in the negotiations.
The payout will be shared by more than 30 actresses and former employees of the filmmaker, who have filed various lawsuits accusing him of offenses ranging from sexual harassment to rape -- along with potential claimants who could join the deal in the coming months. The settlement will finally put an end to all such lawsuits which were filed against him and his former company. While there has been an initial approval, the settlement would now require court approval and a final signoff by all the involved parties.
Since Weinstein’s business is in bankruptcy proceedings, the money would be paid by insurance companies representing the producer’s former studio. The women have had to make their claims along with its creditors. The payout to the accusers would be part of an overall $47 million settlement structured to close out the company’s obligations.
In 2017, The 67-year-old ended up hogging all headlines when he got accused in civil lawsuits, filed by more than 30 women, of sexual harassment, assault, and rape. His case is scheduled to go to trial next month, January.
