Weinstein had been staying at his 22-year-old daughter's home where the two were holding an intense argument.
"Harvey's daughter Remy was very upset and concerned for her father, because of what she'd read in the media", the friend wrote.
Harvey Weinstein's daughter called 911 to say her dad was suicidal Wednesday morning, and police responded.
According to the site, Harvey was heard yelling to Remy, "You're making it worse", before hopping into a black SUV.
Harvey Weinstein left the company last week and reports suggested that he was forced out by other shareholders after the New York Times published a bombshell story about his years of sexually harassing women.
We're told Remy convinced her father to go back in the house, and shortly thereafter - around 10:30 AM - LAPD and her alarm company showed up. However, officers at the scene said Remy claimed no suicidal statements were made and that the dispute was simply a family issue.
Disgraced Hollywood producer Harvey Weinstein has been filmed trying to flag down a vehicle outside his daughter's Los Angeles home, amid reports he is suicidal. "This situation is of course very hard for Harvey, but he is not suicidal - his heart is breaking for his kids".
TMZ reported Wednesday Jay has been consulting with his team of investors, including a movie producer and billionaire, to consider buying Weinstein's 23% stake in the company.
Sexual harassment allegations began to envelop Weinstein when the New York Times broke a story Thursday detailing "dozens" of unwanted sexual advances.