Hollywood television and movie mogul Harvey Weinstein and the advice of his former film studio reached a tentative $ 25 million settlement that would put an end to almost all claims for inappropriate sexual behavior against him and his company, The New York Times reported Wednesday.
The Times cited six lawyers in its report, some of whom talked about the terms proposed on condition of anonymity.
According to lawyers, more than 30 actresses and former Weinstein employees, who sued the movie magnate for accusations ranging from inappropriate sexual behavior to rape, agreed to the agreement.
Weinstein would avoid paying a portion of his own money in the agreement and would not be required to admit any crime, according to the report.
Insurance companies representing Weinstein Company would cover the cost of the agreement.
Weinstein's representatives declined to comment to the Times.
The proposed agreement has obtained preliminary approval from the main parties involved. Court approval and final approval would be required before moving on.
Aaron Filler, attorney for Boardwalk Empire actress Paz de la Huerta, told AFP news agency that he hoped his client, who accused Weinstein of raping her in 2010, was part of the agreement.
Eighteen of the alleged victims would divide $ 6.2 million, and no person would receive more than $ 500,000.
Another $ 18.5 million would go to those involved in a class action case, the lawsuit of the New York attorney general and any future plaintiff, the Times reported.
Actress Katherine Kendall, 50, said she agreed to the terms of the agreement because she did not want to prevent other claimants from receiving a reward.
"I don't love it, but I don't know how to go after him," he told the Times. "I don't know what I can really do."
Louisette Geiss, another plaintiff, said the agreement was "our way to stop all women. We are trying to create a new reality where this kind of behavior is not accepted."
"Now that The Weinstein Company is bankrupt and Harvey is about to be tried, this agreement will ensure that all survivors have a chance to recover and can move forward without harvey's damaging blockage in their careers," Geiss said.
Weinstein is scheduled to be tried on rape and sexual assault charges on January 6.
His bond was increased from $ 1m to $ 5m on Wednesday for allegedly mistreating his electronic ankle monitor.
He pleaded not guilty to the charges of raping a woman in a Manhattan hotel room in 2013 and having performed a forced sexual act with another woman in 2006.
Ebony Tucker, executive director of Raliance, a defense group against sexual violence, called the agreement "unfortunate."
"This is supposed to be a measure of responsibility when, you know, I think it is quite obvious that it is not. It is disappointing to see it. It is not terribly surprising, but disappointing," he told Al Jazeera.
One of the "most difficult things,quot; about the agreement is that the defendant will not be forced to admit irregularities, Tucker said.
Al Jazeera and news agencies