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Harvey Weinstein sacked in wake of sexual harassment scandal

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Harvey Weinstein has been fired from the Weinstein Company after new information emerged regarding his conduct, the company’s board of directors has said.

Weinstein – the Hollywood mogul who produced films including Pulp Fiction and Gangs of New York – was on a voluntarily leave of absence after a slew of sexual harassment allegations emerged last week in a New York Times exposé. The board on Friday endorsed that decision at the time but went further on Sunday, removing Weinstein from the company he co-founded.

The board’s statement read in full: “In light of new information about misconduct by Harvey Weinstein that has emerged in the past few days, the directors of the Weinstein Company – Robert Weinstein, Lance Maerov, Richard Koenigsberg and Tarak Ben Ammar – have determined, and have informed Harvey Weinstein, that his employment with the Weinstein Company is terminated, effective immediately.”

An attorney for Weinstein didn’t immediately comment.

Last week, it was alleged that Weinstein had reached at least eight settlements with women he had sexually harassed, and that he would invite women to his hotel room under the guise of work and then greet them naked or ask them to massage him or watch him shower.

Among Weinstein’s accusers are the actors Ashley Judd and Rose McGowan, with the latter allegedly reaching a $100,000 settlement over an incident of misconduct that happened when she was starring in Scream.

Weinstein’s allegedly inappropriate behaviour towards women he worked with and those who starred in his films has been referred to as an open secret in Hollywood.

Weinstein has expressed regret for his inappropriate behaviour towards women stretching back decades, saying “I own my mistakes”, but his lawyers say he also denies many of the allegations made against him.

Source: Bloomberg Pro Terminal

Jr Trader Alexander Kumanov


 Varchev Traders

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