Hollywood actor James Franco and associates have agreed to pay more than $2 million to resolve a lawsuit alleging he pushed acting students into performing explicit sex scenes on camera.
A Los Angeles judge will have to sign off on the deal.
The lawsuit has been led by two of Franco’s former students, Sarah Tither-Kaplan and Toni Gaal, who filed a complaint in October 2020 alleging students at Franco’s Studio 4 Film School had been victims of fraud.
According to The Hollywood Reporter, the $2,235,000 will see Tither-Kaplan receive $670,500, minus $223,500 in lawyers’ fees. Gaal will receive $223,500, minus $74,500 to lawyers, with other students receiving almost two-thirds of the remaining pot.
The newspaper also states the Pineapple Express actor has agreed to “non-economic” terms for the plaintiffs, although that is currently the subject of a motion to seal.
James Franco’s net worth revealed
James Franco has a net worth of about $30 million, according to CheatSheet.
Known for his breakthrough role in Freaks and Geeks, James has appeared in movies such as 127 hours, The Disaster Artist, Why Him? and Spring Breakers.
In an interview with Inquirer, when asked about his relationship with money, James Franco said:
“I don’t know if I’m good with money or not. For a while, I collected a lot of contemporary art. I had some great pieces – Ed Ruscha, Richard Prince, Mike Kelley. I had an early Warhol.
“When I went back to school, I wasn’t working as much, so my business manager said: ‘You’re going to have to sell the house or the art.’ I was like, ‘OK, I’ll sell the house.’ So I sold my house.”
James Franco to pay $2.2m settlement for sexual misconduct suit
According to The Hollywood Reporter, the lawsuit alleges Franco pushed acting students into performing sexually explicit scenes on camera. The settlement details were revealed in court filings made public on June 30th 2021 and the proposed deal is being put to a Los Angeles judge for approval.
As part of the settlement, the parties in the lawsuit agreed to a statement that reads in part:
“While Defendants continue to deny the allegations in the Complaint, they acknowledge that Plaintiffs have raised important issues; and all parties strongly believe that now is a critical time to focus on addressing the mistreatment of women in Hollywood.
“All agree on the need to make sure that no one in the entertainment industry – regardless of race, religion, disability, ethnicity, background, gender or sexual orientation – faces discrimination, harassment or prejudice of any kind.”