Michigan State to pay Larry Nassar victims $500 million in settl

Michigan State Comes To $500 Million Settlement With Nassar Victims

Michigan State University is expected to pay the $500 million out of pocket and then sue their insurance company to get the money back, according to a source with knowledge of the settlement. The remaining $75 million will be held in reserve in the event future lawsuits are filed against the university over Nassar.

However, USAG did not alert Michigan State about the allegations, and Nassar continued to see patients until two women went public with their allegations of abuse in September 2016.

Trustee Brian Breslin says Michigan State recognizes the "need for change" when it comes to sexual assault awareness and prevention.

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

And assuming it becomes final, the settlement will not resolve many other aspects of this situation for Michigan State, which is under investigation by the Education Department and the National Collegiate Athletic Association.

On this episode of "Current Sports with Al Martin", Al gives listeners details of the $500 million settlement reached Wednesday between Michigan State University and the survivors of former MSU doctor Larry Nassar.

"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", attorney John Manley said in the news release announcing the settlement today.

The Nassar case is the nation's biggest case of serial sexual abuse based on the number of victims. If he ever released, he faces up to 175 years in a MI state prison for first-degree criminal sexual conduct. It does not address claims against US gymnastics, the United States Olympic Committee, Bela and Martha Karolyi, Twistars, John Geddert or any other parties, said the press release from the California law firm of Manly, Stewart & Finaldi in Los Angeles.

Spike Lee denounces Trump at Cannes Film Festival
As my Brooklyn brother Jay-Z would say, facts. "This is not just something that pertains to the United States of America, this bulls- has gone over the world".

$425 million will go to survivors who now have claims against the university.

Nassar faced charges on seven counts of criminal sexual misconduct in the first degree, to which he pleaded guilty to in November. Strampel has pleaded not guilty to the charges.

The settlement drew mixed reviews from those abused by Nassar.

News 10 will have complete coverage of this settlement, including campus reaction, on News 10 at 6 PM.

"The litigation phase is over, but the fight for change and accountability, the fight to give survivors a voice and protect the next generation, has only just begun", she said. "But I also think there is so much more work to be done at that university and universities across the country".

"This was never about money". "This fight is far from over".

Former Michigan State University and USA Gymnastics doctor Larry Nassar listens during the sentencing phase in Eaton, County Circuit Court on January 31, 2018 in Charlotte, Mich. Michigan Attorney General Bill Schuette released a statement saying he is "pleased" that the settlement has been approved.

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