He has also struggled with forming a coherent response, veering from contrition to combativeness. freelance writer Liza Campbell said Weinstein asked her to jump in a bath with him when she showed up to his hotel for a business meeting. New accusers have also come forward, including Lauren Sivan, a former Fox News reporter and a reporter at KTTV, who said Weinstein once masturbated in front of her after cornering her in a restaurant. Weinstein was said to be furiously resisting efforts to force him out permanently. His attorney Lisa Bloom resigned on Saturday, as did his advisor Lanny Davis, a former White House hand to Bill Clinton. One third of the all-male board quit on Friday, including billionaire investors Marc Lasry and Dirk Ziff, and Technicolor executive Tim Sarnoff. The investigation will continue despite the fact that Weinstein has been fired.Īs the crisis worsened, Weinstein lost key allies. On Friday, the Weinstein Company board suspended Weinstein and said there would be an internal investigation headed by attorney John Kiernan of the firm Debevoise & Plimpton LLP. Weinstein controls roughly 20% of the company. He has been fired for cause after the board met on Sunday, having spent most of the weekend trying to hammer out a deal for Weinstein to leave. Weinstein did not agree to leave the company, and there is no financial settlement in place, according to an insider. The scandal is the latest in a long line of entertainers and moguls, from Roger Ailes to Bill O’Reilly to Bill Cosby, who have been brought low by accusations of sexual harassment or misconduct.
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Not just a movie producer, Weinstein was also a political player and major force in New York City and Hollywood’s cultural and corporate life. It is a stunning fall from power for the mogul, whose tenacity and ruthlessness put him at the nexus of Hollywood, Wall Street, and the Beltway. The allegations extend back to Weinstein’s days running Miramax, an independent film studio that was then owned by the Walt Disney Co. Weinstein has been rocked by a devastating New York Times report documenting decades of legal settlements stemming from sexual harassment allegations leveled by former employees and associates, as well as accusations of improper sexual advances from actress Ashley Judd.