The University of Michigan has agreed to a $490 million settlement with hundreds of people who say they were sexually assaulted by a former sports doctor at the school, those involved in the agreement said Wednesday.
Attorney Parker Stinar said that 1,050 people will share in the settlement, which was reached the night before.
University spokesman Rick Fitzgerald confirmed the settlement and said a statement would be released later Wednesday.
"I am proud to announce that a settlement was reached with the 1,050 survivors of Robert Anderson and the University of Michigan," Stinar said. "It has been a long and challenging journey, and I believe this settlement will provide justice and healing for the many brave men and women who refused to be silenced.