Friday, July 13, 2012

Penn State Faces $5M in Sex-Case Settlements




The Penn State child sex abuse investigation has already cost the university more than $12 million in crisis communication and legal fees. The university is expected to shell out at least an additional $5 million in settlements, experts estimate. “I think that Penn State will likely be able to settle all of these sexual misconduct claims for something in the area of $5 million. There will be one or two claims that will be fairly expensive but the majority will go for reasonable number,” John Roskopf, vice president of Risk Management at EIIA, a non-profit association. A scathing report ye

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