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Talks to sell The Weinstein Company have reportedly collapsed after New York state lawsuit

A deal to buy the troubled Weinstein Company for about $500 million was close to being sealed before news of the lawsuit broke.

  • A $500 million deal to buy Harvey Weinstein's company has reportedly collapsed following an explosive new lawsuit.
  • New York Attorney General Eric Schneiderman filed a civil rights lawsuit earlier on Sunday against Weinstein and The Weinstein Company.
  • It provides details of Weinstein's alleged aggressive behaviour and says board members facilitated it.
  • The Attorney General's office said the timing of the suit was due to "the possible imminent sale" of the company.
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A deal in the works to buy disgraced Hollywood mogul Harvey Weinstein's company has reportedly collapsed after the New York Attorney General filed a lawsuit against the company and its founders.

A group led by

Business Insider has reviewed details of the civil rights suit against Weinstein, which attacks what it calls the company's "gender-based hostile work environment."

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It targets Harvey Weinstein for allegations of sexual misconduct, as well as the executives and board of The Weinstein Company for failing to protect employees from Weinstein.

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