NEW YORK (AP) — Harvey Weinstein and his former film studio's board have reached a tentative $25 million settlement that would end nearly every sexual misconduct lawsuit brought against him and his company, The New York Times reported Wednesday.
The Times cited a half-dozen lawyers in its report, some of whom spoke about the proposed terms on the condition of anonymity.
More than 30 actresses and former Weinstein employees, who have sued the movie mogul for accusations ranging from sexual misconduct to rape, have agreed to the deal, according to the lawyers.
Weinstein would avoid paying any of his own money and he would not be required to admit any wrongdoing as part of the deal. Insurance companies representing the Weinstein Company would cover the settlement's cost, the Times report