Harvey Weinstein Reaches $44 Million Settlement With Accusers
Written by KFAT on June 9, 2019
New York, NY, United States (4E) – According to a Thursday 23rd report from The Wall Street Journal, former Hollywood producer Harvey Weinstein has reached a $44 million civil agreement with his sexual misconduct accusers. This settlement also includes his former business partners and other entities.
The WSJ reports said that attorney Adam Harris, who is officially representing his former film studio’s board members was in the bankruptcy court in order to discuss the matter with a judge presiding over the controversial case.
“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,” the WSJ reports he said.
According to the newspaper, the settlement would provide $30 million to plaintiffs in the wide-ranging civil suit.
This one would include Weinstein Co. employees, Weinstein’s alleged victims and creditors who loaned his film studio money before filing for bankruptcy.
The remaining $14 million would cover every legal fee of Weinstein’s former business associates.
If finalized, the controversial settlement would conclude several months of mediation sessions between all the parties involved.
Weinstein still faces criminal charges. He was charged in May 2018 with rape, sex abuse, criminal sex act and sexual misconduct for alleged incidents in 2004 and 2013.
If convicted on these charges, he could serve life in prison. His trial is set for September.
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