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Seeking $1 Billion From FBI

Simone Biles and nearly 100 other women are going after the FBI ... seeking $1 billion from the org. after it allegedly mishandled its investigation into the sexual abuse allegations against Larry Nassar.

Attorneys representing the Olympic gold medalist -- as well as gymnastics stars Aly Raisman, McKayla Maroney, and approximately 90 other women -- announced Wednesday morning their intentions to file lawsuits against the FBI.

According to the women and their lawyers, if FBI agents had properly intervened when they were first alerted to Nassar's behavior in 2015, they could have prevented him from targeting more women.