IRVING, Tex. — The Boy Scouts of America have reached an $850 million agreement with attorneys representing some 60,000 victims of child sex abuse. The settlement would mark one of the largest sums in U.S. history involving cases of sexual abuse.
CBS News reports attorneys for the Boy Scouts of America filed court papers late Thursday outlining a restructuring support agreement with attorneys representing abuse victims.
This case could turn out as a pivotal moment in the organization’s bankruptcy case. The Boy Scouts of America filed for bankruptcy protection last year, moving to halt lawsuits and create a compensation fund for men who were molested as children decades ago.
Michigan Attorney General Dana Nessel responded to the Boy Scouts of America settlement. “This historic settlement is an acknowledgement from the Boy Scouts of America of the pain inflicted on thousands of scouts across the country,” Nessel said. “We must ensure abusers never again have an opportunity to prey on others, and the best way to achieve that is through a criminal investigation.”