Harvey Weinstein Reaches Tentative $44 Million Settlement In Civil Suits

The fall of Hollywood producer Harvey Weinstein dominated headlines in late 2017. At the time, accusations seemed to be dropping every other week as part of the #MeToo moment with several women alleging that Weinstein had allegedly sexually assaulted or harassed before he was formally removed from his own production company.

And while Weinstein, 67, still has plenty of legal challenges ahead, a settlement may have been reached to have him pay for his actions.

As reported by the New York Times and Wall Street Journal on Thursday, Weinstein and former studio board members have reached a tentative deal with several of his accusers. The deal would see the accusers paid $44 million as part of the agreed upon settlement.

“That $44 million is not coming from Harvey Weinstein himself, it's actually coming from insurance policies,” WSJ reporter Corinne Ramey told NPR. She also clarified that the settlements were for civil suits and not criminal charges.

The split would see the victims who filed the civil suits against Weinstein receive $30 million. The other $14 million would cover legal expenses. It’s worth noting that the settlement must be approved by advisers in charge of the Weinstein Co. during bankruptcy proceedings.

Even with the settlement, Weinstein still has plenty of other legal challenges ahead of him. The criminal case against him in New York is moving forward with Weinstein facing multiple charges that include rape.