UPDATED 9:09 AM PT — Friday, May 24, 2019
Disgraced Hollywood producer Harvey Weinstein has reached a multi-million dollar financial settlement with his alleged victims. On Thursday, lawyers involved in the civil lawsuit announced a deal had been reached. $44 million is on the table to resolve all pending civil suits against Weinstein and former affiliates, including a number of sexual misconduct incidents dating back to the 90’s.
The settlement will reportedly compensate alleged sexual assault victims and creditors who did business with his company before it filed for bankruptcy last year.
Allegations of abuse arose nearly two-years ago in which dozens of women accused the movie mogul of acts ranging from sexual misconduct to rape. Weinstein has also been accused of using his influence in the movie industry to lure unsuspecting women into hotel rooms to perform sex acts.
A lengthy list of female actors, including Salma Hayek, Angelina Jolie and Gweneth Paltrow, have accused the defamed producer of unwanted sexual advances. Actress Rose McGowan was one of the first to speak out against Weinstein, propelling the “Me Too” movement.
“I have been silenced for 20 years. I have been slut-shamed. I have been harassed. I have been maligned. And you know what? I’m just like you, because what happened to me behind the scenes happens to all of us in this society, and that cannot stand.” — Rose McGowan, actress
Although Weinstein’s civil suits are expected to be finalized, he still faces criminal charges of rape and sex crimes. According to reports, the settlement will not affect the criminal case against him. Weinstein denied the allegations and has pleaded not guilty. An initial trial will take place early September.