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Michigan State to pay $500M to survivors of Larry Nassar's abuse

Related Topics: Larry Nassar, Layn R. Phillips

Michigan State will pay $500 million to survivors of Larry Nassar's sexual abuse in what is believed to be the largest settlement ever in a sexual misconduct case involving a university.

Attorneys representing 332 claimants reached an agreement with representatives from Michigan State during a mediation meeting Tuesday afternoon. The university's board of trustees agreed to the deal in principle. The settlement did not include any other provisions about policy or acknowledging the claims made against Michigan State.

"I'm very happy that we're done with litigation," Rachael Denhollander, the first woman to publicly accuse Nassar of sexual abuse more than 18 months ago, said.