A startup backed by Peter Thiel has offered $100,000 to women with legal claims against Harvey Weinstein
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Peter Thiel-backed startup Legalist is offering a $100,000 “bounty” to anyone who comes forward with legal claims against Harvey Weinstein.
The company is extending the financial assistance any woman with what it deems a “valid sexual harassment claim” against the disgraced mogul, who has faced waves of allegations of sexual harassment and abuse spanning three decades. The latest Thiel-Weinstein news comes on the heels of Charles Harder’s exit as Harvey Weinstein’s attorney. Harder had represented Thiel in the milestone Hulk Hogan legal victory over Gawker.
A bounty offer is a staple of the business plan of Legalist, which offered last month to pay legal filing fees for anyone looking to sue Equifax after the credit company’s massive data breach compromised consumers’ information. Looking to advertise its platform via a hot news story, Legalist issued a press release with its Equifax offer. The Weinstein case, which has dominated the headlines for the last two weeks, is another topical opportunity for promotion.
Alex Wong/Getty ImagesBut Eva Shang, one of Legalist’s founders, says the company’s motive is genuine interest in the case, not opportunism. She said the company has made some offers in other previous cases that were higher than $100,000. As the Weinstein saga has unfolded, she said, it revealed real needs on the part of those pursuing complaints. “Especially as a female founder,” she told Deadline, “as I read these reports of eight cases of settlements being paid to women, for very modest amounts and without a single case being filed, it seemed like a situation where we could help women get the justice they deserve.”
The creation of the Legalist and other litigation finance companies, which fund their operations with shares of winning plaintiffs’ verdicts, has unnerved some journalists in the wake of the Gawker case. While the companies say they level the playing field for those without the financial resources to pursue legal claims, critics contend that Thiel and others with deep pockets have an agenda to sponsor a systematic push-back against legitimate media outlets.
Gossip website The Blast first reported the news of the Weinstein offer.
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See Also:
- Courtney Love publicly warned women to stay away from Harvey Weinstein back in 2005
- The Italian exec who would allegedly ‘hunt’ women for Harvey Weinstein denies any involvement
- Blake Lively shared a personal story of months of sexual harassment on set, and it shows how Hollywood ignores the issue
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