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University of Tennessee reaches financial settlement in lawsuit regarding school's handling of sexual assault cases

The University of Tennessee has reached a financial settlement with a group of women who sued the school in federal court for the way it handled their allegations of sexual assaults by student-athletes, according to court documents obtained by ESPN.

According to documents obtained by ESPN, the university will pay the eight women $2.48 million. The university is expected to announce the decision on Wednesday.

According to court records, the sides had a teleconference with U.S. District Court Judge Aleta Trauger on Tuesday. The federal trial was scheduled to begin at the U.S. District Court for the Middle District of Tennessee in Nashville in May 2018.