USA Gymnastics files for bankruptcy after lawsuits over Larry Nassar
Source: CNn
USA Gymnastics filed for bankruptcy Wednesday, the latest blow for the governing body as it struggles to recover from the Larry Nassar sexual abuse scandal.
The filing "will enable USA Gymnastics to continue to support its athletes, to fully operate and meet its responsibilities to the entire membership and to expeditiously resolve the claims made by the survivors of sexual abuse perpetrated by Larry Nassar," USAG said.
Nassar, a former USA Gymnastics physician, was sentenced in January to 40 to 175 years in prison after he pleaded guilty to seven counts of sexual misconduct.
Before the sentencing, more than 150 women and girls said in court that Nassar had sexually abused them under the guise of providing medical treatment.
Read more: https://www.cnn.com/2018/12/05/us/usa-gymnastics-files-for-bankruptcy/index.html?adkey=bn