James Franco and his co-defendants have agreed to pay $2.2 million to settle a lawsuit alleging he intimidated students at an acting and film school he founded into gratuitous and exploitative sexual situations.

FILE - This Sept. 5, 2019 file photo shows James Franco at the premiere of HBO's "The Deuce" third and final season in New York. A settlement deal has been reached in a lawsuit that alleged James Franco intimidated students at an acting and film school he founded into exploitative sexual situations. A filing in Los Angeles Superior Court said a settlement had been reached in the class-action suit brought by former students at the now-defunct Studio 4. (Charles Sykes/Invision/AP, File)LOS ANGELES – A tentative settlement has been reached in a lawsuit that alleged James Franco intimidated students at an acting and film school he founded into gratuitous and exploitative sexual situations, attorneys for the plaintiffs said Saturday. In a subsequent interview on “The Late Show with Stephen Colbert,” Franco called the sexual misconduct stories about him inaccurate, but said, “If I’ve done something wrong, I will fix it.