January 7, 2012; State College, PA, USA; Penn State president Rodney A. Erickson delivers opening remarks regarding Nittany Lions new head football coach Bill O

Penn State Approves Settlements for Victims

Penn State trustees disclosed today that the university is authorized to pay settlements to some of the sexual abuse victims of Jerry Sandusky. The actual dollar amount of the payments may not be made public for a few weeks, though, since some of the agreements with the boys are still tentative.

University President Rodney Erickson issued a statement regarding the Board of Trustee’s decision.

Via Reuters:

Today’s action is yet another important step toward the resolution of claims from Sandusky’s victims. The university intends to deal with these individuals in a fair and expeditious manner, with due regard to their privacy.

The 69-year-old Sandusky is currently serving a 30-to-60 year prison term after being convicted of 45 counts of child sexual abuse over 15 years. He is seeking an appeal, maintaining that he was wrongfully convicted in his first trial. His actions caused outrage across the nation, leading to the NCAA hitting Penn State with a fine for $60 million and forcing former coach Joe Paterno to vacate over 100 of his victories.

We will bring you more information as more news becomes available.

[Sources: Reuters/ESPN]

Tags: Jerry Sandusky Penn State

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