Penn State says it is paying $59.7 million to 26 young men over Jerry Sandusky abuse claims

  • Article by: MARK SCOLFORO , Associated Press
  • Updated: October 29, 2013 - 6:52 AM

HARRISBURG, Pa. — Penn State said Monday it is paying $59.7 million to 26 young men over claims of child sexual abuse at the hands of former assistant football coach Jerry Sandusky, a man once revered as a university icon who is now serving what is effectively a life prison sentence.

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thepointOct. 28, 13 1:39 PM

I know this would be difficult, but it would have nice to see a public institution settle without the "middle man" - lawyers- involved because 25 to 35% of those settlement dollars, HUGE MONEY - went to law firms. That money could have gone into victim's pockets.

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moretaxesnowOct. 28, 13 1:55 PM

Wow, when the whole scandal was breaking I remember the analysts saying this would cost PSU "Hundreds of Millions of dollars in lawsuits". Apparently they are getting off pretty easy if they only have to pay $60 Million. And ditto to thepoint's comment. Using typical rates, at least $20 Million of this money went directly into the pockets of the attorneys.

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elind56Oct. 28, 13 2:13 PM

Roughly 2 million each minus lawyer's fees? I dunno. Something seems awry if these young men will be looking back (from their fine homes and expensive cars) at the unfortunate events that happened in their younger lives as akin to winning the lottery. Stated differently, if somehow given the choice, would they be more than happy to give the money back for the abuse having never happened? Or would they prefer to leave things as they are?

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