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    James Franco Has Settled His Sexual Misconduct Lawsuit For Over $2.2 Million

    He's still denying the allegations, though.

    James Franco has agreed to settle his sexual misconduct lawsuit.

    James on the Globe Globes red carpet, wearing a bow tie

    Two former acting students previously accused James of asking members of their class to perform increasingly explicit sex scenes on camera.

    James casually dressed in a flannel-type checkered shirt

    The students, Sarah Tither-Kaplan and Toni Gaal, filed a class action lawsuit, along with other members of the Studio 4 film school, alleging that they were victims of fraud.

    James on the red carpet at the Independent Spirit Awards

    James will now pay $2,235,000 to resolve the lawsuit, with Sarah and Toni each receiving six-figure payouts.

    James on the red carpet

    The remainder of the money will go to the other students, with any unclaimed funds being contributed to the National Women’s Law Center.

    As part of the settlement, James has also agreed to unreleased "noneconomic" terms for the individual plaintiffs.

    James in a black-and-white checkered shirt

    The involved parties have additionally agreed to a mutual statement, in which James continues to deny the claims but acknowledges a need to address how women are treated in Hollywood.

    James in a suit at the Gotham Awards

    "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," the statement reads.

    James in a black leather jacket on the red carpet

    It continues, "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.”

    James on the red carpet

    The proposed deal is being put before a Los Angeles judge for approval.