Harvey Weinstein, Accusers Sign $44m Tentative Settlement

Harvey Weinstein and his accusers have signed a tentative settlement. Reportedly, every plaintiff will be given $30 million
Harvey Weinstein, Accusers Sign $44m Tentative Settlement
Harvey Weinstein

In 2017, Hollywood's disgraced mogul, Harvey Weinstein was accused by several women of sexual misconduct. This gave rise to the Me Too movement which encouraged more women to come out and speak about the horrific incidents of sexual harassment that they had to face at the hands of powerful figures of society. As more accusations start to pour in against Weinstein, his company fired him and filed for bankruptcy. He was expelled from the Academy of Motion Picture Arts and Sciences.

While all was looking good so far, with the trials that began soon after the accusations, it looks like there might be a slight turn of events. According to a report published by The Wall Street Journal, Weinstein has tentatively reached a $44 million settlement with the accusers and business partners. Say what?

Representing Weinstein's former film studio board members, Attorney Adam Harris discussed the case with the judge. The Wall Street Journal said, " For the first time, as of yesterday, we now have an economic agreement in principle that is supported by the plaintiffs, the office, the defendants and all of the insurers."

The settlement, which has not been finalized yet, would provide approximately $30 million to plaintiffs, including Weinstein's alleged victims, his employees. This settlement would be also offered to the creditors who loaned the studio money before filing for bankruptcy. But where does the remaining $14 million go? Well that will be covering the legal fees of Weinstein's former business associates.

Once finalized, the deal would put an end to months of mediation sessions between all the parties that were involved. These will also include the New York attorney general's office, which had filed its own civil-rights lawsuit against Weinstein for the unsafety of its employees.

Weinstein, who has continuously denied all accusations of non-consensual sex, currently still faces a number of criminal charges. In May last year, he was charged with rape, criminal sex, sex abuse and sexual misconduct for incidents involving two separate women. The victims of the alleged incidents consisted of two different women, one in 2013 and another in 2004.

Weinstein is still pleading not guilty to all the charges put against him. He could possibly serve a life sentence in prison, if he's found convicted on any of the other chargers. The next trial will be help in September this year. Meanwhile, Weinstein's attorney has not gotten back with any more comments.

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