×

Time’s Up Criticizes ‘Flawed’ Weinstein Settlement

Time’s Up issued a statement on Wednesday criticizing the proposed settlement in the Harvey Weinstein civil cases, saying they are the product of a “broken system.”

Weinstein has reached a tentative $25 million deal with most of his accusers, including the plaintiffs in a class action suit. The women with the most serious claims would be awarded $500,000, with a lesser amount going to a broader group of plaintiffs.

“This settlement is more than a math problem — it’s a symptom of a problematic, broken system that privileges powerful abusers at the expense of survivors,” said Time’s Up chief operating officer Rebecca Goldman. “While this settlement is flawed, we know it represents the hard work of several survivors of Harvey Weinstein. We hope it brings them, and perhaps others, some small measure of justice and relief that is long overdue. Today and every day, Time’s Up is in solidarity with the more than 80 survivors who bravely spoke out against Weinstein, catalyzing a worldwide reckoning for justice. With them, we will continue to fight until sexual harassment and assault at work are gone for good.”

The money for the settlement comes from the Weinstein Co.’s insurance carriers, which had issued policies covering the firm’s directors and officers in case of work-related liability. Another $12 million will go to pay attorney fees for Weinstein, his brother Bob Weinstein and the other board members.

Elizabeth Fegan, the lead attorney in the class action complaint, defended the settlement.

“It is important to recognize that while there is a great deal of attention focused on the proposed settlement, it is not a final settlement and it would be inappropriate for me, or for anyone involved in the litigation, to talk about specifics,” she said. “What I can say is that the women who brought this suit forward and persevered against long odds are the heroes of this case, especially considering that the defendant went to every extreme to discredit them. Since we filed the case in November 2017, we’ve fought to forge a meaningful settlement against strong headwinds. And no matter what amount of money the survivors ultimately receive, the civil settlement will do little to reverse the damage Weinstein caused to so many.”

“Fortunately, he is facing his criminal trial, and everyone involved in this civil case is buoyed that the prosecutors can benefit from what we’ve uncovered in our 24 months of litigation. Since this case was filed, we’ve heard from so many women in unrelated cases, telling us stories that makes one question why boards of directors and others in a position of authority sit mute, as they did in this case. I believe we need to change the way that we deal with those who permit abuse. Once we are able to finalize the settlement and receive the court’s approval, I will have a great deal more to say.”

At least four plaintiffs are not participating in the settlement, and will continue to pursue Weinstein’s personal assets. A bankruptcy judge must also give approval to the agreement, which at least two attorneys are planning to oppose.

More Biz

  • A Sheriffs Department vehicle arrives at

    Kobe Bryant Helicopter Crash: Federal Agencies Arriving to Launch Investigation

    A team from the National Transportation Safety Board and the Federal Aviation Administration is expected to arrive in California Sunday evening to take the lead on the investigation into the cause of the helicopter crash that killed Kobe Bryant and his 13-year-old daughter Gianna. Seven other people died in the crash. At the same time, [...]

  • Kobe Bryant Staples Center memorial

    Kobe Bryant Mourners Gather Outside Staples Center to Remember Basketball Great

    Within hours of the news of Kobe Bryant’s death breaking, a fast-growing crowd of about two hundred people had gathered outside of the Staples Center in Los Angeles on Sunday to mourn the Lakers legend, who died earlier that day in a helicopter crash. Chants of “Kobe! Kobe!” broke out spontaneously outside of the sports [...]

  • Kobe Bryant death

    News and Sports Outlets Scramble to Cover Kobe Bryant's Death

    Kobe Bryant’s shocking death forced major TV news and sports outlets to scramble on Sunday to cover the helicopter crash in Southern California that took the life of the legendary 41-year-old basketball star,  his 13-year-old daughter, Gianna, and seven others. From the BBC to Fox News, Bryant’s death dominated coverage as soon as word surfaced [...]

  • Grammy Awards60th Annual Grammy Awards, Press

    Task Force Says It Will Work With Recording Academy to ‘Urgently Enact Reforms’

    The Recording Academy Task Force for Diversity and Inclusion, which issued a blistering statement Friday criticizing the Academy for failing to act on the recommendations put forward in its report last month, on Sunday morning issued a statement saying that it will “continue to work with the leadership at the Academy to urgently enact reforms [...]

  • Kobe Bryant

    Kobe Bryant's Death Shocks Hollywood: 'I Cannot Believe This Is Real'

    Shock took over Hollywood upon the news that Kobe Bryant, 41, died Sunday in an helicopter accident outside of Calabasas, Calif. Bryant was one of nine people, including his 13-year-old daughter Gianna, who died on board his private helicopter. Former President Barack Obama, Kanye West, Jamie Foxx, Chrissy Teigen and John Legend were among those [...]

  • Kobe Bryant Dead

    Kobe Bryant Dies in Helicopter Crash

    Kobe Bryant, the sports icon who won five NBA championships with the Los Angeles Lakers and was often compared to Michael Jordan, died Sunday in a helicopter crash. He was 41. Bryant was traveling in his private helicopter when it crashed in the Los Angeles County suburb of Calabasas. Eight other people were killed, with [...]

More From Our Brands

Access exclusive content