An $850 million settlement between the Boy Scouts of America and tens of thousands of former scouts who say they were sexually abused was finalized on Thursday. However, additional legal actions could lead to billions more in payments.
“I am pleased that both the BSA and their local councils have stepped up to be the first to compensate the survivors,” Ken Rothweiler, an attorney who represents over 16,000 of those involved in Thursday’s massive settlement, said in a statement to NBC News.
“We will now negotiate with the insurers and sponsoring and chartering organizations who have billions of dollars in legal exposure, of which a substantial portion is necessary to fairly compensate the survivors,” added Rothweiler.
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This is a developing story and will be updated as more information becomes available.
