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Harvey Weinstein is set to Cough out $44M of his Cash to Settle Sexual Assault Accusers |
According to TMZ, the movie mogul will be settling all his accusers and lawyers with the said sum of money.
The report also states that the money will be used to settle several lawsuits against him, however, the deal has not yet been totally finalized. The Wall Street Journal says $30 million would be paid to the plaintiffs, with the remaining $14 million used to pay legal fees with funds coming from insurance policies.
This latest development is coming almost two years after the entertainment industry was thrown into shock by the disturbing and graphic allegations of how Harvey Weinstein sexually assaulted several female actors in Hollywood.
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