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    Home»Entertainment»Harvey Weinstein Reaches $44 Million Settlement with Accusers
    Entertainment

    Harvey Weinstein Reaches $44 Million Settlement with Accusers

    Kailyn Hayes, DIBy Kailyn Hayes, DIMay 24, 2019Updated:May 24, 2019No Comments1 Min Read
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    Harvey Weinstein reached a $44 million settlement with the women who accused him of sexual misconduct, the New York Attorney General, and creditors of his old studio, The Weinstein Company (TWC).

    What We Know:

    • Negotiations between the lawyers representing the women and Weinstein’s legal team have been in motion for over a year. In October 2017, the investigation by the Times revealed he had sexually harassed and abused numerous women over several decades.
    • Weinstein is facing criminal charges in New York for allegations of sexual assault against two women.
    • Since initial allegations, more than 80 women have made complaints of sexual harassment against Weinstein though he plead not guilty.
    • The proposed settlement has yet to be finalized, however, $30 million would go towards the accusers, creditors of his former studio and former TWC employees, according to The New York Times. The remaining $14 million would go towards paying off legal fees.
    • The Times also reported that insurance policies would cover the $44 million once the agreement is finalized.

    TWC, which Weinstein owned with his brother, Bob Weinstein, filed for bankruptcy in March 2018.

    Harvey Weinstein hollywood settlement Sexual allegations Sexual Harassment weinstein
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    Kailyn Hayes, DI
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    Kailyn Hayes was a Digital Intern for Urban Newsroom and Black News Alerts.

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