The settlement was agreed to back in February, but it took a few months to hammer out the details and the dollar amount.
The suit was originally filed by former students Sarah Tither-Kaplan and Toni Gaal, but over time they were joined by others. In the suit, the plaintiffs argued that “at his now-defunct school, Studio 4, Franco pushed his students into performing in increasingly explicit sex scenes on camera in an ‘orgy type setting’ that went far beyond those acceptable on Hollywood film sets.”
The suit further alleged that Franco “sought to create a pipeline of young women who were subjected to his personal and professional sexual exploitation in the name of education. On top of that, it alleged the “students were led to believe roles in Franco’s films would be available to those who went along.”
In addition to the settlement, both parties released the following statement:
“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 sex, race, religion, disability, ethnicity, background, gender or sexual orientation — faces discrimination, harassment or prejudice of any kind.”
At the moment, the settlement included non-economic terms, though those have not been made public. The final agreement has been submitted to a Los Angele judge and is awaiting final approval.