(Reuters) – Harvey Weinstein and the board of his bankrupt film studio have reached a tentative $25 million settlement with dozens of women who accused the former Hollywood producer of sexual misconduct, The New York Times said here on Wednesday, citing lawyers involved in the negotiations.
The accord would end nearly all lawsuits by actresses and former Weinstein employees who accused him of offenses ranging from sexual harassment to rape, the newspaper said. Weinstein would not be required under the settlement to admit wrongdoing or pay anything, and insurers for the former Weinstein Co studio would fund the payout, it added.
Weinstein has been accused of sexual misconduct dating back decades by more than 70 women. He has denied the allegations, saying any sexual encounters were consensual.
Reporting by New York Newsroom, Editing by Rosalba O’Brien