Statement From Attorney General Eric T. Schneiderman On Agreement To Sell The Weinstein Company's Assets

News from Attorney General Eric T. Schneiderman

FOR IMMEDIATE RELEASE
March 1, 2018

Attorney General’s Press Office / 212-416-8060
nyag.pressoffice@ag.ny.gov
Twitter: @AGSchneiderman 

STATEMENT FROM ATTORNEY GENERAL ERIC T. SCHNEIDERMAN ON AGREEMENT TO SELL THE WEINSTEIN COMPANY'S ASSETS

 

“As I made clear from the start, our office will support a deal that ensures victims will be adequately compensated, employees will be protected moving forward, and those who were responsible for misconduct at TWC will not be unjustly rewarded.

As part of these negotiations, we are pleased to have received express commitments from the parties that the new company will create a real, well-funded victims compensation fund, implement HR policies that will protect all employees, and will not unjustly reward bad actors. We will work with the parties in the weeks ahead to ensure that the parties honor and memorialize these commitments prior to closing. Our lawsuit remains active and investigation remains ongoing at this time.”