USA Gymnastics declares bankruptcy in wake of sex abuse scandal
Nassar, 52, has since pleaded guilty to charges of child pornography (for which he received a 60-year sentence earlier this month) and seven counts of first-degree criminal sexual conduct. Three of those charges applied to victims under 13, and three applied to victims 13 to 15 years old.
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A lawyer for 180 victims said the move will block their efforts to learn βwho knew about (Larry) Nassarβs criminal conduct and failed to stop it.”
Facing a mountain of lawsuits over the Larry Nassar sexual abuse scandal, USA Gymnastics filed for bankruptcy Wednesday.
The beleaguered organization has been beset by financial struggles and leadership turnover as it has sought to contain a scandal sparked by Nassar, the longtime team doctor accused of molesting hundreds of young women and girls.
USA Gymnastics said it is currently facing 100 lawsuits representing more than 350 Nassar victims around the country.
By filing for bankruptcy, the organization is able to put on hold all litigation, including ongoing discovery and depositions of key figures, multiple sources told NBC News.
Folks, that’s the power of sex scandal.
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