Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

USA Gymnastics Files For Bankruptcy After It Fails To Recover From Larry Nassar Sexual Abuse Scandal

by carmen_roxanna
December 6, 2018
Reading Time: 1 min read
0
Share on FacebookShare on Twitter

USA Gymnastics filed for bankruptcy this week after struggles to recover from the Larry Nassar sexual abuse scandal. The organization said the filing for bankruptcy protection would not affect its day to day operations.

Instead, the USAG said the filing will “expedite an equitable resolution of the claims made by the survivors of sexual abuse perpetrated by Larry Nassar. We owe it to these brave women who have come forward.”

According to Attorney John Manly, USAG’s leadership “has proven itself to be both morally and financially bankrupt.” He said, “This bankruptcy filing will suspend all lawsuits by Nassar survivors and their ongoing efforts to discover the truth about who at USA Gymnastics and the US Olympic Committee knew about Nassar’s criminal conduct and failed to stop it.”

CNN reports that Manly’s firm, Manly, Stewart & Finaldi, represents clients with 215 claims against #USAGymnastics that will be paid out by insurance companies. He estimates there are 350-450 claims nationwide and said a recent court order indicated there are 345 plaintiffs in federal cases in Michigan that are consolidated.

Nassar, a former USA Gymnastics physician, was sentenced in January to 40 to 175 years in prison after he pled guilty to 7 counts of sexual misconduct and won’t be eligible for release from federal custody until 2069. More than 150 women and girls testified that Nassar sexually abused them under the guise of providing medical treatment.

In addition to the #bankruptcy, the organization has had at least seven high-profile USAG officials, plus the whole board of directors, recently resigned from their positions, even some who started after Nassar was arrested.

I Stock

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: Larry nassarUSA Gymnastics

Related Posts

Trump’s “One Big Beautiful Bill” Narrowly Passes Senate, Heads to House
News

Trump’s New Bill Slashes Medicaid—Millions Will Lose Coverage and Clinics Will Close

July 1, 2025

As Republicans hustle to pass Donald Trump’s “One Big Beautiful Bill” by his self-imposed July 4 deadline, a major concern...

Trump’s “One Big Beautiful Bill” Narrowly Passes Senate, Heads to House
News

GOP Just Slid Trump’s $3 Trillion Tax Bill Through the Senate—Here’s Who Wins and Who Loses

July 1, 2025

After a marathon 24-hour debate and high-stakes political wrangling, Senate Republicans have pushed Donald Trump’s “One Big Beautiful Bill Act”...

Rapper Cash Out’s Sex Trafficking Trial Reveals Graphic Abuse, Coercion, and His Mother’s Alleged Role
News

Cash Out and His Mother Accused of Witness Tampering in RICO Case

July 1, 2025

Cash Out’s legal case just took another turn. The Atlanta rapper, whose real name is John Michael Gibson, is now...

Remy Ma refutes allegations
News

Remy Ma Allegedly Detained Following Heated Courthouse Clash in Son’s Murder Case [Video]

July 1, 2025

Remy Ma found herself in cuffs after a tense and emotional situation played out outside a Queens courthouse. The rapper...

Next Post
A California Judge Has Issued A $10,000 Bench Warrant For Chief Keef After Rapper Missed Court Hearing Steeming from 2021 DUI Case

Chief Keef’s Baby Mother Wants Him To Pay Child Support Or Go To Jail

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d