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James Franco has reportedly reached a settlement agreement in a sexual assault lawsuit, pending judicial approval. The lawsuit was initiated by several former students from his acting school in 2019, following multiple allegations from students and other women in Hollywood that Franco had engaged in sexual abuse and exploitation. The settlement, filed in court this week, stipulates that Franco will pay a total of $2,235,000 to be divided among various accusers.
Of this amount, $894,000 will go to women who have accused him of sexual exploitation, while $1,341,000 will be allocated to a common fund intended for plaintiffs who allege fraud against Franco and his acting school. Although Franco and his legal team have consented to these terms, the settlement awaits approval from a judge.
The agreement specifies that Franco does not admit to any wrongdoing; in exchange for the financial compensation, plaintiffs Sarah Tither-Kaplan and Toni Gaal will release their claims against him. If approved, Tither-Kaplan is slated to receive $670,500, minus $223,500 in legal fees, while Gaal would get $223,500, deducting $74,500 for her attorneys.
According to reports from the Los Angeles Times, the common fund of $1.3 million will be distributed among students who paid tuition for Master Class courses or enrolled at Franco’s Studio 4 Film School between February 2014 and 2017, when the schools were closed. The lawsuit claimed that Franco’s film school was merely a guise for him to gain access to young women, whom he could exploit both financially and sexually. In a 2018 investigation, several women accused Franco of harassment and exploitation, with some detailing incidents where he pressured them into explicit scenes during classes.
Franco “sought to create a pipeline of young women who were subjected to his personal and professional sexual exploitation in the name of education,” per the lawsuit. Additionally, Busy Phillips, Franco’s former co-star from Freaks and Geeks, has accused him of sexual assault.
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Summary
James Franco has agreed to pay $2.2 million to settle a sexual assault lawsuit involving allegations from former students of his acting school. The settlement is pending judicial approval and will compensate accusers while Franco does not admit to liability.
Keyphrase: James Franco sexual assault settlement
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