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Harvey Weinstein Reaches $25 Million Settlement With Some Accusers


Added 12-12-19 08:38:02pm EST - “"This is the worst settlement I've seen in my entire career."” - Legalinsurrection.com

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Posted By TheNewsCommenter: From Legalinsurrection.com: “Harvey Weinstein Reaches $25 Million Settlement With Some Accusers”. Below is an excerpt from the article.

Disgraced media mogul Harvey Weinstein reached a $25 million settlement with some of the women who accused him of sexual harassment, assault, and rape.

At least 30 of the accusers have agreed to the settlement, but requires “court approval and a final signoff by all parties.”

The insurance companies representing the producer’s former studio, the Weinstein Company,” would pay the money. However:

More than $12 million — a quarter of the overall settlement package — would go toward some, but not all, legal costs for Mr. Weinstein; his brother, Bob; and other former members of their company’s board, the lawyers said. The board members would be insulated from future liability, and the alleged victims would drop their claims against Mr. Weinstein and other executives.

Several plaintiffs’ lawyers said Mr. Weinstein, who would avoid making a personal payout, had claimed that he might soon file for personal bankruptcy.

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