Disgraced former Hollywood mogul Harvey Weinstein has reportedly reached a $25 million settlement with dozens of alleged sexual assault victims, an agreement that would bring an end to any lawsuits against him.
According to The New York Times, Weinstein will not have to publicly admit any wrongdoing.
Weinstein has pleaded not guilty to charges he raped a woman in a Manhattan hotel room in 2013 and performed a forcible sex act on a different woman in 2006. He had been free on $1 million bail and maintains that any sexual activity was consensual.
The agreement was reported only hours after Weinstein appeared in court, in which his bail was increased to $5 million over allegations he mishandled his electronic ankle monitor.
Weinstein had been scheduled to stand trial in New York City beginning Jan. 6 on rape and sexual assault charges.
This story will be updated as more details become available.
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