Member Directory
Member Directory

USA Gymnastics Sexual Abuse Survivors Agree to a $425 Million Settlement

USA Gymnastics has reached an agreement on a proposed $425 million settlement with more than 500 women who said they were sexually abused by Larry Nassar, their coach or someone else affiliated with the sport.

The offer, filed late Tuesday in U.S. Bankruptcy Court for the Southern District of Indiana, is part of a reorganization plan that would allow USA Gymnastics to emerge from bankruptcy.

But there aren't enough funds for the settlement yet, with agreements still needing to be reached with several insurance carriers. Until, and unless, that happens, it won't go through. 

"What this isn’t is a settlement. This is a proposed resolution that the Survivors Committee supports," said John Manly, an attorney who represents many of the survivors, including Olympic champions Aly Raisman and Simone Biles.

Read the source article at USA TODAY

Find an Attorney

The National Trial Lawyers stands as an esteemed, exclusive association comprising top-tier trial attorneys nationwide. Whether you require a Civil Plaintiff Lawyer or a Criminal Defense Lawyer in your state, our network ensures access to premier legal expertise tailored to your needs.
Find Attorney

Read More Legal News

© Copyright 2022, All Rights Reserved | National Trial Lawyers
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram