Michigan State University confirms it is settling hundreds of lawsuits filed by survivors of Larry Nasser’s sexual abuse for a half-billion dollars.

According to a press release from MSU, $425-million would be paid to current claimants. Those are the 332 sexual abuse survivors of Nassar.

Another $75-million will be held in reserve for "future claimants alleging sexual abuse" by Nassar.

It will not include confidentiality agreements or non-disclosure agreements.

The release reported that MSU Board of Trustees approved the settlement during a conference call on Tuesday night.

Morgan McCaul is a Nassar survivor and part of the lawsuit.

"I mean it’s bittersweet like everything with any kind of resolution that we’re finding here,” said McCaul. “It’s fantastic to see the first steps toward institutional accountability. It’s disappointing that it took this long though.”

Jamie White is an attorney for more than forty survivors. He said many of his clients still have close ties to the MSU community. He said they’re still trying to sort out their feelings about the university.

“There’s been a real conflict I think with some of them, trying to make sense of how this could happen at a place they’ve dedicated so much of their life to,” said White.

It is fantastic to see the first steps toward institutional accountability. It is disappointing that it took this long - Morgan McCaul, abuse survivor

The Michigan Attorney General’s office has an open investigation into MSU. The special prosecutor says that investigation is still ongoing.

Nassar is in a maximum security prison in Arizona, serving a 60-year federal child pornography sentence.

He also was sentenced to 40 to 175 years in Ingham County and 40 to 125 years in Eaton County for sexual assaults, those sentences not to begin until after his federal sentence is served.

HISTORY OF THE CASE

Nassar was fired from Michigan State in 2016, two years after he was the subject of a sexual assault investigation. His dismissal came less than a month after former gymnast Rachael Denhollander filed a criminal complaint saying Nassar had sexually assaulted her while treating her for back pain years earlier.

Many victims have said they reported Nassar's abuse to various members of the Michigan State's staff. Campus police got their first report regarding Nassar in 2014, but the Ingham County prosecutor declined to file charges. The school continued to employ him after he was the subject of a sexual assault investigation in 2014. Former Michigan State gymnastics coach Kathie Klages resigned last year after she was suspended for defending Nassar.

Lou Anna Simon resigned as school president and athletic director Mark Hollis announced his retirement earlier this year as well. The university in February announced the retirement of its longtime vice president for legal affairs, Bob Noto.

The school announced last week that many recommendations in a final Title IX report outlining opportunities to enhance sexual misconduct prevention and education are in development. Interim President John Engler said suggestions to add new staff resources and evaluating ways to review the campus climate have already begun.

Last month at an emotionally charged board of trustees meeting, a sexual assault victim of Nassar alleged Engler pressured her to accept a payoff to settle her lawsuit without her attorney present. Engler later issued a statement, saying his memory and interpretation of the meeting was different and said he was sorry if anything said was misunderstood.</s>EAST LANSING, Mich. — Michigan State University will pay a total of $500 million to settle lawsuits brought by victims of Larry Nassar, the former Michigan State University professor and doctor who sexually abused hundreds of young girls and women.

The terms of the settlement include $425 million dollars paid to current claimants, and $75 million set aside in a trust fund to protect “any future claimants alleging sexual abuse by Larry Nassar,” according to John Manly, an attorney representing some of the victims.

The settlement only deals with accusations against Michigan State. Lawsuits are still under way against USA Gymnastics and the US Olympic Committee. The settlement was agreed to in principle by the Michigan State University Board of Trustees in a conference call Tuesday night, a statement from Manly said.

Nassar admitted in court to using his position as a trusted medical doctor to sexually abuse young girls and women who came to him for medical care. He was sentenced to more than 100 years in prison.</s>Michigan State University will pay $500 million to more than 300 women and girls who say the university’s former gymnastics doctor Larry Nassar sexually abused them, the institution announced in a press release.

The Michigan State University Board of Trustees agreed to the settlement on Tuesday, with plans to pay $435 million to the 332 current accusers and set aside another $75 million in case other victims come forward.

In another release, Brian Breslin, chair of the MSU Board of Trustees, said in a statement, “We are truly sorry to all the survivors and their families for what they have been through, and we admire the courage it has taken to tell their stories. We recognize the need for change on our campus and in our community around sexual assault awareness and prevention.”

“This historic settlement came about through the bravery of more than 300 women and girls who had the courage to stand up and refuse to be silenced,” attorney John Manly, who represents some of the victims, told CNN in a statement in response.

“It is the sincere hope of all of the survivors that the legacy of this settlement will be far-reaching institutional reform that will end the threat of sexual assault in sports, schools and throughout our society.”

Earlier this year, Nassar was sentenced to more than 175 years in prison for sexually abusing women and girls for decades during his time at Michigan State University and as a team USA Gymnastics doctor. Many victims claimed Nassar inserted ungloved fingers into their vaginas and told them he was simply giving them medical treatment.

Manly has said that the settlement applies only to MSU and does not address sexual abuse claims within USA Gymnastics, according to the .

Manly did not immediately respond to a request for comment from PEOPLE.

RELATED: Larry Nassar Apologizes in Court as He’s Sentenced to Another 40 to 125 Years in Sex Abuse Case

Nassar was fired from MSU in 2016. And several victims have said they tried to warn university officials about Nassar’s abuse before he was arrested, according to ESPN.

“Michigan State is pleased that we have been able to agree in principle on a settlement that is far to the survivors of Nassar’s crimes,” Robert Young, special counsel to MSU, said in a statement. “We appreciate the hard work both sides put into the mediation, and the efforts of the mediator, which achieved a result that is responsible and equitable.”

Nassar has been called “the most prolific child molester in history.”

Hundreds of women and girls have accused Nassar of assault, including gymnasts Aly Raisman, Simone Biles, McKayla Maroney and Gabby Douglas.</s>(CNN) — Michigan State University will pay a total of $500 million to settle lawsuits brought by 332 victims of Larry Nassar, the former Michigan State University associate professor and doctor who sexually abused hundreds of young girls and women.

The terms of the settlement include $425 million paid to current claimants, and $75 million set aside in a trust fund to protect “any future claimants alleging sexual abuse by Larry Nassar,” according to John Manly, an attorney representing some of the victims.

The settlement only deals with accusations against Michigan State. It does not address lawsuits against USA Gymnastics, the US Olympic Committee, gymnastics coaches Bela and Martha Karolyi, or other parties.

The settlement in principle was agreed to by the Michigan State University Board of Trustees in a conference call Tuesday night, a statement from Manly said.

“This historic settlement came about through the bravery of more than 300 women and girls who had the courage to stand up and refuse to be silenced,” Manly said in a statement.

“It is the sincere hope of all of the survivors that the legacy of this settlement will be far reaching institutional reform that will end the threat of sexual assault in sports, schools and throughout our society,” he added.

Robert Young, special counsel to MSU, said the university is “pleased that we have been able to agree in principle on a settlement that is fair to the survivors of Nassar’s crimes.

“We appreciate the hard work both sides put into the mediation, and the efforts of the mediator, which achieved a result that is responsible and equitable,” Young added.

Nassar admitted in court to using his position as a trusted medical doctor to sexually abuse young girls and women who came to him for medical care over about two decades. He was sentenced to more than 100 years in prison.

During a remarkable series of court hearings, dozens of women came forward to speak out against Nassar as well as the institutions that they said protected him, including Michigan State. Nassar was employed as a sports physician at MSU from 1997 to 2016.

Amid that backlash, Michigan State President Lou Anna Simon resigned in January. John Engler, the former Michigan governor, was named the interim president by the Board of Trustees.

Michigan Attorney General Bill Schuette appointed a special prosecutor to investigate the university and find out who knew what, when and what they did about it.</s>LANSING, Mich. — Michigan State University on Wednesday announced a $500 million settlement with more than 300 women and girls who said they were assaulted by sports doctor Larry Nassar in the worst sex-abuse case in sports history.

The deal surpasses the more than $109 million that Penn State University paid to settle claims by at least 35 people that assistant football coach Jerry Sandusky had sexually abused boys, though the Nassar settlement involves far more victims.

Michigan State and lawyers for 332 victims announced the deal after negotiating privately with the help of a mediator.

Under the agreement, $425 million would be paid to current claimants and $75 million would be set aside for any future claims.

The statement doesn’t indicate how much money each victim would receive. It also doesn’t say how Michigan State will pay the bill.

Michigan State was accused of ignoring or dismissing complaints about Nassar, some as far back as the 1990s. However, the school has insisted that no one covered up assaults.

“We are truly sorry to all the survivors and their families for what they have been through, and we admire the courage it has taken to tell their stories,” said Brian Breslin, chairman of Michigan State’s governing board.

“We recognize the need for change on our campus and in our community around sexual assault awareness and prevention.”

Nassar pleaded guilty to molesting women and girls under the guise that it was treatment. He was also found to have child pornography and is serving prison sentences that will likely keep him locked up for life.

He treated campus athletes and scores of young gymnasts at his Michigan State office. He had an international reputation while working at the same time for USA Gymnastics, which trains Olympians.

Olympic gold medalists Jordyn Wieber, Aly Raisman, Gabby Douglas and McKayla Maroney say they were among Nassar’s victims.

“This historic settlement came about through the bravery of more than 300 women and girls who had the courage to stand up and refuse to be silenced,” said lead attorney John Manly.</s>(CNN) — Michigan State University will pay a total of $500 million to settle lawsuits brought by 332 victims of Larry Nassar, the former MSU associate professor and doctor who sexually abused hundreds of young girls and women.

The terms of the settlement include $425 million paid to current claimants, and $75 million set aside in a trust fund to protect “any future claimants alleging sexual abuse by Larry Nassar,” according to a joint statement from attorney John Manly and Michigan State University.

The settlement only deals with accusations against Michigan State. It does not address lawsuits against USA Gymnastics, the US Olympic Committee, gymnastics coaches Bela and Martha Karolyi, or other parties.

The settlement in principle was agreed to by the Michigan State University Board of Trustees in a conference call Tuesday night, the statement said.

“This historic settlement came about through the bravery of more than 300 women and girls who had the courage to stand up and refuse to be silenced,” Manly said in a statement.

“It is the sincere hope of all of the survivors that the legacy of this settlement will be far reaching institutional reform that will end the threat of sexual assault in sports, schools and throughout our society,” he added.

Robert Young, special counsel to MSU, said the university is “pleased that we have been able to agree in principle on a settlement that is fair to the survivors of Nassar’s crimes.

“We appreciate the hard work both sides put into the mediation, and the efforts of the mediator, which achieved a result that is responsible and equitable,” Young added.

Kaylee Lorincz, who spoke about Nassar’s abuse in court, had a mixed reaction to the settlement.

“The settlement is a win for us and (I) appreciate that it is a step in the right direction, but I’m disappointed in the lack of compassion from MSU and that their tone toward the survivors has not changed,” she said.

Nassar admitted in court to using his position as a trusted medical doctor to sexually abuse young girls and women who came to him for medical care over about two decades. He was sentenced to more than 100 years in prison.

During a remarkable series of court hearings in Michigan, dozens of women came forward to speak out against Nassar as well as the institutions that they said protected him, including Michigan State. Nassar was employed as a sports physician at MSU from 1997 to 2016.

In 2014, for example, Amanda Thomashow reported Nassar’s abuse to Michigan State officials. The school ultimately sided with Nassar, concluding that his “pelvic floor” treatments were medically appropriate. Yet even as school officials allowed him to return to treating patients, the school’s Title IX coordinator called his methods a “liability” that exposed patients to unnecessary trauma.

The university has maintained that no official believed Nassar committed sexual abuse until newspaper reports were published in the summer of 2016. Any suggestion that the university engaged in a coverup is “simply false,” a school statement said.

Amid intense backlash, Michigan State President Lou Anna Simon resigned in January. John Engler, the former Michigan governor, was named the interim president by the Board of Trustees.

Michigan Attorney General Bill Schuette appointed a special prosecutor to investigate the university and find out who knew what, when and what they did about it.

The investigation led to the arrest of William Strampel, Nassar’s boss at MSU’s College of Osteopathic Medicine, on charges of felony misconduct in office and misdemeanor criminal sexual conduct.

The special prosecutor, Bill Forsyth, issued a statement reacting to the settlement, saying the investigation is not done.

“It is very important to see resolution on the civil side, and I hope this provides some sense of relief and closure for the survivors,” Forsyth said. “That being said, my investigation is still open and ongoing.”</s>LANSING, Mich. (CBSNewYork/AP) — Michigan State University agreed to pay $500 million to settle claims from more than 300 women and girls who said they were assaulted by sports doctor Larry Nassar in the worst sex-abuse case in sports history, officials announced Wednesday.

The deal surpasses the $100 million-plus paid by Penn State University to settle claims by at least 35 people who accused assistant football coach Jerry Sandusky of sexual abuse, though the Nassar deal involves far more victims.

“We are truly sorry to all the survivors and their families for what they have been through, and we admire the courage it has taken to tell their stories,” said Brian Breslin, chairman of Michigan State’s governing board. “We recognize the need for change on our campus and in our community around sexual assault awareness and prevention.”

It’s not clear how much each victim will receive, although the money will not be divided equally. It’s also unclear where the money will come from. University spokeswoman Emily Guerrant said school leaders now will work on a way to pay the bill.

Rachael Denhollander of Louisville, Kentucky, who in 2016 was the first woman to publicly identify herself as a victim, said the agreement “reflects the incredible damage which took place on MSU’s campus.” But she said she still has not seen any “meaningful reform” at the university.

“He penetrated me. He groped me. He fondled me and then he whispered questions about how it felt,” Denhollander testified.

“Your left hand made its way under my armpit inside my sports bra,” Kassie Powell said during her appearance in court.

“Everyone in the world should be outraged right now and if you aren’t, you should examine why,” Taryn Akemi said.

An unprecedented onslaught of women told a Michigan court that Nassar had abused them.

Nassar treated campus athletes and scores of young gymnasts at his Michigan State office, building an international reputation while working at the same time for USA Gymnastics, which trains Olympians.

The university and lawyers for 332 victims announced the deal after negotiating privately with the help of a mediator. Under the agreement, $425 million will be paid to current claimants and $75 million will be set aside for any future claims. Lawyers will also be compensated out of the $500 million pool.

Michigan State was accused of ignoring or dismissing complaints about Nassar, some as far back as the 1990s. The school had insisted that no one covered up assaults, although Nassar’s boss, former medical school dean William Strampel, was later charged with failing to properly supervise him and committing his own sexual misconduct.

Nassar, 54, pleaded guilty to molesting women and girls under the guise of treatment and was caught with child pornography. He is serving three prison sentences that will likely keep him locked up for life: His sentence is 40-175 years in prison.

More than 250 women and girls gave statements in court when Nassar was sentenced in January and February. Since that time, even more accusers have stepped forward, which accounts for the larger number of people covered by the Michigan State agreement.

During the sentencing hearings, many accusers described an ultra-competitive gymnastics culture in which authority figures could not be questioned and Nassar was free to abuse young patients year after year. They said they had little choice to see doctors other than Nassar, who was renowned throughout the sport.

He counted on his charm and reputation to deflect any questions. He was so brazen that he sometimes molested patients in front of their parents, shielding the young girls with his body or a sheet. His campus clinic was decorated with signed photos of Olympic stars, bolstering his credentials to star-struck athletes and their families.

Olympic gold medalists Jordyn Wieber, Aly Raisman, Gabby Douglas and McKayla Maroney say they were among Nassar’s victims.

Other cases involved participants in soccer, figure skating, rowing, softball, cheerleading, wrestling, diving, dance, and track and field.

“This historic settlement came about through the bravery of more than 300 women and girls who had the courage to stand up and refuse to be silenced,” said John Manly, the lead attorney for the victims.

The scandal rocked Michigan State, leading to the resignation of President Lou Anna Simon on Jan. 24 and athletic director Mark Hollis two days later. The fallout has also pushed out many leaders at the top of competitive gymnastics.

The school has about 39,000 undergraduate students. Its general fund budget is $1.36 billion. Roughly $983 million comes from tuition and fees, and $281 million is from the state.

The settlement applies only to Michigan State. Lawsuits are still pending against Indianapolis-based USA Gymnastics, the U.S. Olympic Committee and an elite gymnastics club in the Lansing-area where assaults occurred.</s>(CNN) Michigan State University will pay a total of $500 million to settle lawsuits brought by 332 victims of Larry Nassar, the former MSU associate professor and doctor who sexually abused hundreds of young girls and women.

The terms of the settlement include $425 million paid to current claimants, and $75 million set aside in a trust fund to protect "any future claimants alleging sexual abuse by Larry Nassar," according to a joint statement from attorney John Manly and Michigan State University

The settlement only deals with accusations against Michigan State . It does not address lawsuits against USA Gymnastics, the US Olympic Committee, gymnastics coaches Bela and Martha Karolyi , or other parties.

The settlement in principle was agreed to by the Michigan State University Board of Trustees in a conference call Tuesday night, the statement said.

"This historic settlement came about through the bravery of more than 300 women and girls who had the courage to stand up and refuse to be silenced," Manly said in a statement.

"It is the sincere hope of all of the survivors that the legacy of this settlement will be far reaching institutional reform that will end the threat of sexual assault in sports, schools and throughout our society," he added.

Robert Young, special counsel to MSU, said the university is "pleased that we have been able to agree in principle on a settlement that is fair to the survivors of Nassar's crimes.

"We appreciate the hard work both sides put into the mediation, and the efforts of the mediator, which achieved a result that is responsible and equitable," Young added.

"The settlement is a win for us and (I) appreciate that it is a step in the right direction, but I'm disappointed in the lack of compassion from MSU and that their tone toward the survivors has not changed," she said.

Nassar admitted in court to using his position as a trusted medical doctor to sexually abuse young girls and women who came to him for medical care over about two decades. He was sentenced to more than 100 years in prison.

The university has maintained that no official believed Nassar committed sexual abuse until newspaper reports were published in the summer of 2016. Any suggestion that the university engaged in a coverup is "simply false," a school statement said.

Michigan Attorney General Bill Schuette appointed a special prosecutor to investigate the university and find out who knew what, when and what they did about it.

"It is very important to see resolution on the civil side, and I hope this provides some sense of relief and closure for the survivors," Forsyth said. "That being said, my investigation is still open and ongoing."</s>Less than three months after disgraced doctor Larry Nassar was sentenced to decades in federal prison for the sexual assault of hundreds of young women and girls, Michigan State University has agreed to pay $500 million to the women he abused.

Though the settlement is not yet finalized, the agreement — made by lawyers on behalf of 332 of the victims — was approved Tuesday by the university’s trustees. In January, Nassar was convicted of having used his position as Michigan State doctor and a physician for the United States Olympic gymnastic team to prey upon young women and girls for years, abusing them under the guise of legitimate medical treatment.

“This historic settlement came about through the bravery of more than 300 women and girls who had the courage to stand up and refuse to be silenced,” John Manly, a lawyer representing many of the victims, told The New York Times . “It is the sincere hope of all of the survivors that the legacy of this settlement will be far-reaching institutional reform that will end the threat of sexual assault in sports, schools and throughout our society.”

The trial earlier this year generated international interest, captivating viewers across the nation and the world over the seven day duration. Hundreds of women testified against Nassar in a courtroom presided over by Judge Rosemarie Aquilina, who was heralded by some and accused by others of undermining justice during the proceedings.

Michigan State was accused of covering up Nassar’s abuse and ignoring complaints about him for years; in the aftermath, the university’s president resigned and William D. Strampnel — a former dean of Michigan State University’s osteopathic medical school and Nassar’s longtime supervisor — was charged with criminal sexual conduct, misconduct by a public official and two counts of willful neglect of duty.

“Michigan State is pleased that we have been able to agree in principle on a settlement that is fair to the survivors of Nassar’s crimes,” said Robert Young, a lawyer for the university, told the Times. “We appreciate the hard work both sides put into the mediation, and the efforts of the mediator, which achieved a result that is responsible and equitable.”</s>This post has been updated

Michigan State has agreed to pay $500 million to settle lawsuits filed by 332 alleged victims of disgraced former sports physician Larry Nassar, both sides announced Wednesday, ending the university’s involvement in litigation over the former Olympic gymnastics doctor’s rampant sexual abuse of girls and women under the guise of medical treatment.

“This historic settlement came about through the bravery of more than 300 women and girls who had the courage to stand up and refuse to be silenced,” said John Manly, one of several attorneys representing victims, in a statement. “It is the sincere hope of all of the survivors that the legacy of this settlement will be far reaching institutional reform that will end the threat of sexual assault in sports, schools and throughout our society.”

Nassar, 54, is serving an effective life sentence in prison after pleading guilty to assaulting nine girls and women in Michigan, as well as to federal child pornography crimes. At his sentencing hearing in January, the emotional testimony of more than 150 girls, women and parents triggered national outrage about the Nassar case, prompting fallout that continues for the organizations through which Nassar accessed his victims.

The settlement will pay $425 million to the 332 girls and women who have come forward to date, averaging about $1.28 million per victim. Michigan State will set aside an additional $75 million in a trust fund for any victims who come forward in the future.

“Michigan State is pleased that we have been able to agree in principle on a settlement that is fair to the survivors of Nassar’s crimes,” said Robert Young, a lawyer for the university.

The settlement applies to only Michigan State. The United States Olympic Committee, USA Gymnastics, and famed former Olympic coaches Bela and Martha Karolyi all still face lawsuits filed by Nassar victims, who include Olympians Aly Raisman, McKayla Maroney, Simone Biles and Gabby Douglas.

Before 2016, Nassar was a respected longtime Michigan State sports physician and was renowned for his lengthy tenure as the team physician for USA Gymnastics women, where he worked with young gymnasts at the Olympics and other international competitions and national team camps. Signed photos of Olympic gymnasts covered the walls of his office at a campus clinic, where he treated Michigan State athletes as well as young gymnasts, some who traveled from several counties over with their parents in seek of medical treatment from the same doctor who worked with the United States’ Olympic heroes.

But in August 2016, Rachael Denhollander, a Louisville woman, filed a police report accusing Nassar of sexually assaulting her years prior, when she was a teenage gymnast seeking his treatment, and then told her story to the Indianapolis Star. Nassar denied the accusations, but dozens of women across the country, after reading the Star story of Denhollander’s abuse, realized that what they had thought was unusual medical treatment — in which Nassar digitally penetrated them without gloves or warning — was actually sexual assault.

[Larry Nassar’s victims will receive the Arthur Ashe Courage Award at the ESPYs]

Women came forward alleging they’d complained about Nassar to Michigan State officials as far back as 1997, and in 2014, a university title IX investigation cleared Nassar, ruling that a woman alleging sexual assault had misinterpreted legitimate medical treatment. Top university officials, however, led by then president Lou Anna Simmon, publicly claimed Michigan State had done nothing wrong in handling prior complaints about Nassar.

“I have been told it is virtually impossible to stop a determined sexual predator and pedophile, that they will go to incomprehensible lengths to keep what they do in the shadows,” Simon told Michigan State trustees in early 2017, as criticism from Nassar victims mounted.

The university’s trustees maintained support for Simon, and her stance, until January, when an extraordinary seven-day, televised sentencing hearing garnered national attention to horrific stories of Nassar’s abuse and the damage it wrought. Simon resigned the day a Michigan judge sentenced Nassar to 40 to 175 years for his crimes.

“I think that the magnitude and the level of hurt that these women endured as kids, made it essentially impossible for MSU to continue business as usual,” Manly, the victims’ attorney, said in a phone interview Wednesday.

While Wednesday’s settlement will remove Michigan State from Nassar-related litigation, the fallout over his crimes is likely not yet over. Lawsuits continue against the USOC, USA Gymnastics and the Karolyis. Congressional investigations continue, as well as law enforcement investigations in Michigan and Texas, where the Karolyis’ ranch is located.

“These woman are not going away. They are going to be there, holding these people accountable until this changes,” Manly said. “This is the beginning, not the end.”

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Michigan State University announces that it will settle with sexual assault victims of Larry Nassar for over $500 million.