Michigan State and Nassar sexual assault victims reach $500m settlement

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"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", attorney John Manly, who represents numerous victims, said in a statement.

Michigan State has agreed to pay $500 million to Nassar's victims as part of a settlement agreement reached Wednesday.

"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", said John Manly, the lead attorney for the victims. "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".

Nassar, 54, faces up to 175 years in MI state prison for criminal sexual conduct after more than 200 victims came forward at his sentencing hearings in January.

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Rachael Denhollander of Louisville, Kentucky, who in 2016 was the first woman to publicly identify herself as a victim, said the agreement "reflects the incredible damage which took place on MSU's campus". She says she is also disappointed that a resolution hasn't been reached with other organizations such as USA Gymnastics.

It applies only to plaintiffs who have sued the university, and not those who have filed claims against the U.S. Olympic Committee, USA Gymnastics, gymnastics coaches Bela and Martha Karolyi or anyone else, the attorneys said.

During a remarkable series of court hearings, dozens of women came forward to speak against Nassar as well as the institutions that they said protected him, including Michigan State.

Michigan State University announced a $500 million settlement with Nassar's victims Wednesday.

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Many questions remain about the nature of the settlement, including where the money will come from.

"We appreciate the hard work both sides put into the mediation, and the efforts of the mediator, which achieved a result that is responsible and equitable".

Lindsey Lemke, a former MSU gymnast, said she hoped the settlement would bring what she has called long-overdue change in how the university responds to abuse claims. "My dream is that one day, everyone will know what the words, 'Me too, ' signify, but they will be educated and able to protect themselves from predators like Larry, so they will never ever ever have to say the words, 'Me too'".

MSU gymnasts had alleged Nassar sexually assaulted them as early as 1997. He has been sentenced to 40 to 175 years in one MI county and 40 to 125 years in another on sexual assault charges. Roughly $983 million comes from tuition and fees, and $281 million is from the state.

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