The deal, if finalized, would resolve a civil rights lawsuit filed by the New York attorney general’s office last year that accuses Weinstein Co’s executives and board of failing to protect employees from a hostile work environment and Weinstein’s sexual misconduct, the Journal reported.
The Journal said the proposed agreement would not affect a criminal case pending against Weinstein in Manhattan, in which he has been charged with rape and other sex crimes. A trial in that case has been scheduled for September.
A representative for Harvey Weinstein and Weinstein Co did not immediately respond to request for comment. Weinstein has previously denied having non-consensual sex with anyone.
Weinstein, who won plaudits and awards through his company and another studio, Miramax, for movies including “Shakespeare in Love,” “Pulp Fiction” and “The King’s Speech, fell from grace after more than 70 women, mostly young actresses and others in the movie business, accused him of sexual misconduct dating back decades.
As the accusations against Weinstein mounted, his company Weinstein Co fired him and filed for bankruptcy, and he was expelled from the Academy of Motion Picture Arts and Sciences.
His case helped launch the #MeToo movement, which has led to dozens of powerful men in entertainment, politics and other fields being accused of sexual misconduct. (Reporting by Rama Venkat in Bengaluru Editing by Bill Rigby) DM