• USA Gymnastics Files for Bankruptcy Amid Hundreds of Sexual Assault Lawsuits

    5 monthes ago - By Fortune

    USA Gymnastics filed for bankruptcy protection Wednesday, a move the sports organization said will allow it to continue to operate while also resolving lawsuits filed by victims of Larry Nassar.
    Nassar, the former doctor for the gymnastics team, was sentenced in January to 175 years in prison after allegations of widespread sexual assault reportedly spanned more than 265 victims. In the wake of the years-long abuse, hundreds have filed lawsuits.
    Attorney Stu Mollrich told CNN that his firm Manly, Stewart & Finaldi represents 215 clients with claims against the gymnastics organization and...
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  • USA Gymnastics Files For Chapter 11 Bankruptcy

    USA Gymnastics Files For Chapter 11 Bankruptcy

    5 monthes ago - By NPR

    USAG says the filing will help resolve claims against it by athletes who allege abuse by former team doctor Larry Nassar. But bankruptcy may disrupt the pending legal actions against the organization. (Image credit: PhotoAlto/Odilon Dimier/Getty Images)
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