USA Gymnastics has reached a $425 million settlement agreement with hundreds of women who said they were sexually abused by Larry Nassar, their coach or someone else affiliated with the sport.
The agreement, filed late Tuesday in U.S. Bankruptcy Court for the Southern District of Indiana, still has to be voted on by the survivors, as well as other creditors. But USA Gymnastics said in a statement it believes the settlement offer will be accepted.
“After extensive discussions, this plan has been jointly proposed by USA Gymnastics and the Committee, and it is supported by many of the involved insurers,” USA Gymnastics said in a statement.