Harvey Weinstein Sues Brother, Alleges Plot and Financial Misconduct

Harvey Weinstein, the disgraced movie mogul, has filed a lawsuit alleging that his brother, Bob Weinstein, and other executives at their now-defunct film company deceived him into guaranteeing a $45 million loan in 2016. Weinstein claims that the funds were diverted for personal use and that the executives orchestrated his downfall.

The lawsuit, filed in New York City, alleges that Bob Weinstein and others at The Weinstein Company plotted to seize control of the company by positioning Harvey Weinstein for a downfall. The company went bankrupt in 2018 as the sexual misconduct scandal surrounding Harvey Weinstein exploded.

Harvey Weinstein alleges that his brother, Glasser, and others duped him into guaranteeing the $45 million loan by saying the money would help the financially struggling company. Instead, his lawsuit says, they diverted millions of dollars from the company for improper purposes, leaving it short on cash and Harvey Weinstein liable for repaying the loan.

The lawsuit also makes several allegations of financial misconduct against Bob Weinstein, Glasser, and others. It accuses Bob Weinstein of withdrawing at least $6 million from company accounts under false pretenses, to give himself priority over creditors including AI International.

The lawsuit alleges Glasser approved and received $5 million in excessive bonuses and unauthorized financial transactions, and used company funds to pay his father $1 million despite no legitimate business reason.

Harvey Weinstein's lawsuit seeks to shield him from any financial liability for the loan, as well as punitive damages for alleged fraud and financial misconduct and his legal fees.