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Russell Simmons stepping down from companies following sexual assault allegations

11/30/2017, 11:13 a.m.
Russell Simmons has announced Thursday that he will be stepping away from his empire following sexual assault allegations.
David Shankbone photo via Wikimedia Commons)

Russell Simmons has announced Thursday that he will be stepping away from his empire following sexual assault allegations.

Simmons, the founder of hip-hop music label Def Jam Recordings and CEO of Rush Communications, released a statement on Thursday after screenwriter Jenny Lumet accused him of forcing her to have sex with him in 1991. She detailed the encounter in a guest column published by The Hollywood Reporter on Thursday.

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