Tuesday, December 14, 2021

Almost a Billion Dollars for One Physician's Behavior

NPR Radio reports:
USA Gymnastics and the U.S. Olympic and Paralympic Committee have agreed to pay a $380 million settlement to hundreds of survivors of sexual abuse by former team doctor Larry Nassar. ...

The deal grew out of a bankruptcy filing by USA Gymnastics in 2018, with a federal judge in Indiana approving the settlement Monday afternoon. ...

It is a defeat for the U.S. Olympic and Paralympic Committee and USA Gymnastics who spent over $100,000,000 in legal fees,

This is in addition to a $500 million settlement from Michigan State University.

One of the claimants was Simone Biles, who was recently Time magazine sportsman of the year. Time praised her for quitting some Olympic events in order to preserve her mental health.

This is all very fishy. How could defense lawyers burn this much money? What will the plaintiffs lawyers get, $200 million?

This settlements are based on a theory that Michican State and USA Gymnastics somehow knew that Nassar was a child molester, and encouraged his crimes. However that seems very unlikely, as no one anywhere approves of physicians molesting underage girls.

I wonder how much of this case has been driven by lawyers sniffing deep pockets.

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