USA Gymnastics, the U.S. Olympic Committee and their insurers have agreed to a $380 million settlement with Larry Nassar's abuse survivors.
“USA Gymnastics is deeply sorry for the trauma and pain that Survivors have endured as a result of this organization’s actions and inactions,” USAG President and CEO Li Li Leung said in a statement. “The Plan of Reorganization that we jointly filed reflects our own accountability to the past and our commitment to the future. Individually and collectively, Survivors have stepped forward with bravery to advocate for enduring change in this sport.
John C. Manly, lead attorney for the firm representing a number of Nassar abuse survivors, said in a statement, “This historic settlement ends another chapter in 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 and the institutions who enabled him, Michigan State University, USA Gymnastics and the U.S. Olympic and Paralympic Committee.
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