Michigan State Settles Nassar Suit for $500M

Michigan State Settles Nassar Suit for $500M

Michigan State and legal professionals for 332 victims introduced Wednesday that they've reached a $500 million settlement.

Hoping to get past one of the ugliest chapters in its 162 years, Michigan State University announces a $500-million settlement for Larry Nassar's sexual assault survivors.

The settlement announced on Wednesday includes $425 million set aside for current claimants and $75 million to protect against future claimants.

Nassar was convicted of sexually assaulting multiple girls and young women during his time as a doctor at Michigan State and for USA Gymnastics.

Numerous young women who survived Larry Nassar's sexual abuse weren't just angry at what he had done to them, but at the institutions they felt had enabled him. He also possessed child pornography and is serving decades in prison.

After telling Nassar his sentence, Judge Rosemarie Aquilina responded, "I just signed your death warrant".

Trustee Brian Breslin says Michigan State acknowledges the "want for change" in relation to sexual assault consciousness and prevention.

USA Gymnastics, the U.S. Olympic Committee, and a local gym where Nassar worked, Twistars, are also named as defendants in the suit. MSU offiicals said the school will pay the settlement from its budgets and then sue insurance companies to recoup the costs. The complaint is related to a pending criminal case against Strampel, who is accused of failing to properly supervise Nassar and of his own sexual misconduct involving students.

US Olympian Aly Raisman was among the gymnasts who accused sports doctor Larry Nassar of abuse
ADAM GLANZMAN GETTY IMAGES US Olympian Aly Raisman was among the gymnasts who accused sports doctor Larry Nassar of abuse

Denhollander says she remains "deeply disappointed at the missed opportunity for meaningful reform at the university". This is about justice for the survivors; each of the women who came forward deserve justice.

The chairman of Michigan State College's governing board says the varsity is "actually sorry" for what disgraced sports activities physician Larry Nassar's victims and households went by means of.

The attorneys stressed that the settlement, which was agreed to by the university's board of trustees late on Tuesday, was still not final.

Survivors' attorney John Manly said, "This historic settlement came about through the bravery of more than 300 women and girls who had the courage to stand up and refuse to be silenced".

"It is the honest hope of all of the survivors that the legacy of this settlement will be far-reaching institutional reform that will end the threat of sexual assault in sports, schools and throughout our society", he added.

Former president Lou Anna Simon denied claims of a university cover-up as she stepped down on the same day that Nassar was sentenced for his crimes.

Michigan State is a publicly funded school with an annual budget of about $1.3 billion. But the university cleared him repeatedly and in 2014, said those alleging sexual assault had mistaken proper medical treatment for sexual assault.