Larry Nassar Survivors Reach $500 Million Settlement With Michigan State University

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Simon resigned the day a MI judge sentenced Nassar to 40 to 175 years for his crimes.

Numerous survivors said in their statements MSU and other gymnastics authorities got wind of the assaults in the late '90s, but no actions were taken against Nassar.

In a statement, attorney Michelle Tuegel of Waco said they are hopeful that the legacy of this settlement will be something that not only brings healing to our clients, but also changes the culture in such a way that little girls and young women will not have to face the threat of sexual assault in sports and in our schools.

As a result of today's agreement between the attorneys representing 332 claimants and representatives from Michigan State, $425 million will be distributed to claimants who are now part of the lawsuits.

In the aftermath of the Nassar trial, Michigan State has also parted ways with its former athletic director, Mark Hollis, and president Lou Anna Simon.

BC-US-GYM-Doctor-Sexual Assault, 4th Ld-Writethru, 376Michigan State and Nassar victims reach $500M settlementAP Photo MIPS101, NY154Eds: Updates with USA Gymnastics and US Olympic Committee not covered by settlement.

While numerous claimants are former MSU athletes, not all of them encountered Nassar at the school. But the university cleared him repeatedly and in 2014, said those alleging sexual assault had mistaken proper medical treatment for sexual assault.

During his marathon-sentencing hearings in MI courtrooms, Nassar was forced to come face-to-face with hundreds of his victims who during their gut-wrenching testimony detailed how they were abused by Nassar.

Nassar treated hundreds of girls and women on Michigan State University's campus.

The university's board of trustees said in a statement it is "truly sorry to all the survivors and their families" and said it admired their courage in speaking out. "We're going to keep advocating for the real policy changes that we need".

More than 140 women and girls have come forward detailing abuse at the hands of Nassar. The victims certainly deserve this, given how Michigan State contributed to enabling Nassar, including the various alleged instances where school officials didn't believe accusations. Some gymnasts said nothing was done to stop it after they complained.

The continuous predatory behavior of disgraced school doctor Larry Nassar will cost Michigan State University at least $500 million.

"I remain deeply disappointed at the missed opportunity for meaningful reform at the University", Rachael Denhollander, the first Nassar survivor to come forward publicly with allegations against him in 2016, said in a statement on Wednesday. Attorney James White said $425 million will be paid now while another $75 million will be held in reserve.

Nassar also served as team doctor for US gymnasts at four Olympic games, and his victims have included a number of former Olympians.