Disgraced Hollywood mogul Harvey Weinstein in US 25 million MeToo# pact
New York: Disgraced Hollywood mogul Harvey Weinstein has reached a USD 25 million settlement with dozens of his alleged sexual misconduct victims, one of the women's lawyers told AFP on Wednesday.
The cash will be shared among more than 30 actresses and former employees who have sued the 67-year-old producer for offenses ranging from sexual harassment to rape.
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Weinstein will not have to admit to any wrongdoing or pay from his own pocket, celebrity news portal TMZ said, with the bill instead being met by insurers for his bankrupt former movie studio, The Weinstein Company.
The deal will have to be signed by all parties and get court approval to resolve almost every misconduct lawsuit brought against him since 2017 and insulate company directors from future liability.
Weinstein's accusers include some of the world's most famous actresses -- including Angelina Jolie, Gwyneth Paltrow and Salma Hayek -- although none is part of the proceedings.
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