Dec. 12 (UPI) — Embattled Hollywood mogul Harvey Weinstein tentatively agreed to pay $25 million in a settlement in which he’s not required to admit to sexual misconduct, The New York Times reported Wednesday.
Lawyers involved in the negotiations told the Times that all parties involved in the case — including the Weinstein Company, and more than 30 actors and former employees of the bankrupt firm — have agreed on the details of the settlement. The agreement must have court approval before it’s finalized.
More than 30 people have accused Weinstein of sexual misconduct, sexual harassment and rape. They, along with creditors of the bankrupt Weinstein Company, are seeking a combined $47 million settlement.
Meanwhile, in court Wednesday, Weinstein had his bail package increased from $1 million to $5 million Wednesday after prosecutors said his ankle bracelet monitoring equipment was mishandled, leaving his whereabouts unaccounted for numerous times.
Attorneys for Weinstein, who entered the Manhattan Supreme Court with a walker because of upcoming back surgery, said the producer had technical issues with the monitor and that it was never mishandled intentionally.
Prosecutors, though, cited 57 ankle bracelet monitor violations. Manhattan Assistant District Attorney Joan Illuzzi argued Weinstein intentionally tried to hide his whereabouts.
“The people’s position is none of the bracelet violations were accidental,” Illuzzi said.
Judge James Burke said Weinstein must return to court starting Jan. 6 in connection with his upcoming trial. To cover his new bail, Weinstein paid a $2 million insurance company bond.
Weinstein is facing charges that he raped a woman in a hotel room in 2013 and committed a forcible sex act on a second woman in 2006. He has said that both sex acts were consensual.
He was one of the top producers in Hollywood before sexual assault allegations sparked the “Me Too” movement and essentially drove Weinstein from the industry.
