The Weinstein Co. has filed for bankruptcy, the company announced Monday, after dozens of women accused co-founder Harvey Weinstein of sexual misconduct and harassment.
Several women came forward last fall with their allegations of abuse against Weinstein, at the time one of the most powerful producers in Hollywood, and as more and more accusations were made, the company couldn't stay afloat. Earlier this month, a group of investors announced they made a deal to buy the Weinstein Co., but that collapsed after it was determined the company had more debt than previously disclosed.
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