Los Angeles Times
NEW YORK â€” A $500 million deal to sell Harvey Weinsteinâ€™s troubled old studio to former Obama administration official Maria Contreras-Sweet hit a major roadblock over the weekend after the New York attorney generalâ€™s office expressed serious concerns about the sale.
New York Attorney General Eric Schneiderman Sunday sued Weinstein Co. and its co-founders, Harvey Weinstein and Bob Weinstein, for â€śegregious violations of New Yorkâ€™s civil rights, human rights and business laws,â€ť the attorney generalâ€™s office said in a statement.
The suit, filed in New York County Supreme Court, jeopardizes the planned sale to Contreras-Sweet, which was backed by billionaire Ron Burkleâ€™s Yucaipa Cos. The buyer has been in negotiations with Weinstein Co. for weeks. The Contreras-Sweet deal would give her control over the studioâ€™s assets. Her group has promised to set up a majority-female board and establish a fund to help women who allegedly abused by Weinstein. Contreras-Sweet ran the U.S. Small Business Administration under President Barack Obama from 2014-17.
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