Producers Guild board mulling Weinstein's fate

This post was originally published on this site
Jane Fonda 'ashamed' she didn't call out Weinstein

Jane Fonda ‘ashamed’ she didn’t call out Weinstein

Harvey Weinstein’s days as a member of the Producers Guild of America might be numbered.

The group’s National Board of Directors is set to vote on Saturday about Weinstein’s fate within the Guild, a representative for the organization confirms CNN.

The 24-member board will vote on whether to expel or suspend the disgraced movie mogul’s membership.

A source close to the Producers Guild board tells CNN they expect Weinstein to be expelled as a result of what they called a “historic” vote.

Weinstein has been informed of the impending vote, per the groups bylaws, the source said.

“We need to be first and foremost taking a stand,” the source added.

The Guild’s decision to vote on Weinstein’s future was announced a day after The Academy announced they’d be reviewing Weinstein’s standing in a meeting of their own on Saturday.

The group awarded Weinstein and his brother Bob with its Milestone Award in 2013, which honors “historic contributions in the entertainment industry.”

Weinstein’s fall from grace in the town in which he loomed as a larger-than-life figure for several decades comes after several days of mounting allegations of sexual harassment, assault and inappropriate behavior.

A spokeswoman for Weinstein told CNNMoney this week that “any allegations of non-consensual sex are unequivocally denied.” Weinstein has also apologized for “the way I’ve behaved with colleagues in the past.”

The New York Times published its first report on the sexual misconduct allegations against Weinstein almost one week ago. By Sunday, Weinstein had been fired from The Weinstein Company, which he co-founded with his brother, Bob.

Weinstein is seeking treatment, according to his spokeswoman.

Meanwhile, the company that fired him is looking toward an uncertain future, per sources.

Be Sociable, Share!

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.