Home LATEST NEWS $ 380 million agreement for the victims of Larry Nassar

$ 380 million agreement for the victims of Larry Nassar

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This agreement, confirmed at a hearing in federal bankruptcy court in Indianapolis and which appears to constitute one of the largest compensation ever awarded to victims of sexual assault, ends a five-year legal battle.

Larry Nassar, 58, is serving a life sentence after being heavily convicted in 2017 and 2018 of sexually assaulting more than 250 mostly underage gymnasts, including Olympic gold medalists Simone Biles, Aly Raisman and McKayla Maroney, committed over two decades while working for USA Gymnastic, Michigan State University and a gymnastics club.

A man in an orange jumpsuit

Larry nassar

Photo: Getty Images / Scott Olson

The three women who testified at a Senate hearing in September not only described the abuse suffered at Nassar’s part, but they also blamed officials at the American Gymnastics Federation, USOPC and the police. Federal (FBI) their inaction to prevent sexual assault by the former doctor.

This historic agreement ends another chapter of the Larry Nassar scandal. Survivors have now received a total of $ 880 million in compensation for their pain and suffering at the hands of this monster, with institutions that let it go., responded John C. Manly, senior lawyer representing victims.

There is still one chapter to write, the criminal prosecution of FBI agents who were not investigated and arrested Nassar, as well as members of USA Gymnastics and the United States. USOPC who conspired with them to obstruct the investigation, concluded John Manly.

Rachael Denhollander, the first woman to publicly accuse Nassar in 2016, welcomed the deal.

This chapter is finally closed. Now the hard work of reform and reconstruction can begin. Whether justice is done or not and a change is made depends on what happens next., she posted on her Twitter account.

The American Gymnastics Federation filed for bankruptcy in 2018, drowned by a huge number of lawsuits brought by the victims of Nassar.

According to Wall Street Journal, Monday’s deal could be reached after insurance company TIG agreed to pay a substantial share compensation. The deal includes a $ 34 million payment directly from the USOPC, as well as a $ 6 million loan from the USOPC to USA Gymnastics.

Finally, as part of the agreement, a victim of these sexual assaults will be appointed to the board of directors of the American Gymnastics Federation.

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