🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

Six Harvey Weinstein accusers call $18.9 million New York settlement a 'cruel hoax'

Published 2020-07-13, 01:53 p/m
© Reuters. FILE PHOTO: Film producer Harvey Weinstein arrives at New York Criminal Court for his sexual assault trial in the Manhattan borough of New York City

By Jonathan Stempel

NEW YORK (Reuters) - Six women who claim they were sexually abused by Harvey Weinstein urged a U.S. judge on Monday to reject an $18.9 million settlement with the disgraced movie producer, the board of his former studio and other accusers.

The settlement announced on June 30 would end litigation by New York Attorney General Letitia James and separate class-action litigation, and permit accusers to claim $7,500 to $750,000 each.

But in a Manhattan federal court filing, the six women said accusers would receive just $11.2 million after deducting legal fees and costs, with typical awards of just $10,000 to $20,000, while shielding the defendants' insurers from big payouts.

They also complained that the accord "absolved" Weinstein, his brother Bob Weinstein and the board of liability, while setting aside another $15.2 million to help cover their defense costs.

The settlement is "a cruel hoax" and among "the most one-sided and unfair class settlements in history," the filing said. "The main winners ... are Harvey Weinstein, Robert Weinstein, and the ultra-wealthy former directors of The Weinstein Co."

James' office and a lawyer for Weinstein did not respond to requests for comment. Gerald Maatman, a lawyer for the Weinstein Cos, declined to comment.

The settlement requires approval by U.S. District Judge Alvin Hellerstein.

In 2010, he initially rejected a settlement for workers suffering from health problems after the Sept. 11, 2001 attacks, saying he would not approve it "based on fear or ignorance."

Weinstein, 68, is serving a 23-year prison term following his Feb. 24 conviction for sexually assaulting a former production assistant and raping a onetime aspiring actress.

He is appealing, and still faces rape and sexual assault charges in Los Angeles.

© Reuters. FILE PHOTO: Film producer Harvey Weinstein arrives at New York Criminal Court for his sexual assault trial in the Manhattan borough of New York City

The guilty verdict was a milestone for the #MeToo movement, which starting in late 2017 inspired women to accuse hundreds of powerful men in business, entertainment, media, politics and other fields of sexual misconduct.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.