17 h. ago Los Angeles approves $4bn payout to settle thousands of sexual abuse claims

Deal represents largest aggregate settlement in US history as officials issue apology for ‘reprehensible acts’Los Angeles county officials on Tuesday approved a $4bn payout to settle nearly 7,000 claims of sexual abuse in juvenile facilities since 1959.The agreement reached on April 4 far surpasses a $2.6bn settlement reached in 2022 with the Boy Scouts of America that was the largest aggregate sexual abuse settlement in US history at the time. Continue reading...

Economics

2 w. ago LA county facing financial turmoil after wildfires and $4bn abuse settlement

County to cut budget by almost $90m as it tackles nearly $2bn in fire-related costs and cuts to federal fundingLos Angeles county is experiencing unprecedented financial challenges amid growing costs from the historic wildfires that ravaged the region earlier this year and a $4bn sex abuse case settlement, the county CEO said this week.The region faces roughly $2bn in expenses related to January’s fires, which killed 30 people and destroyed nearly 17,000 structures. Earlier this month the county announced it had a $4bn agreement to settle thousands of claims of sexual abuse in juvenile facilities dating back 1959 – the largest such settlement in US history. Continue reading...

Events

3 w. ago Maryland lawmakers pass bill to try to limit liabilities for thousands of claims of sexual abuse

Maryland lawmakers have passed a measure to try to limit future liabilities from claims of sexual abuse at state and private institutions

Events

3 w. ago Los Angeles agrees to $4bn deal to settle thousands of sexual abuse claims

County’s offer – largest of its kind – would settle lawsuits filed over alleged abuse in juvenile facilities since 1959Los Angeles county has reached a $4bn agreement to settle nearly 7,000 claims of sexual abuse in juvenile facilities since 1959, officials said Friday.The agreement, which still needs approval from the Los Angeles county board of supervisors, would be the largest of its kind and have long-lasting financial effects for the county, officials said. Continue reading...

Economics

3 w. ago A list of largest settlements reached by organizations and victims of sexual abuse

Los Angeles County has reached a $4 billion agreement to settle nearly 7,000 claims of sexual abuse in juvenile facilities since 1959

Events

3 w. ago LA County reaches $4 billion agreement to settle sexual abuse claims at juvenile facilities

Officials say Los Angeles County has reached a $4 billion agreement to settle nearly 7,000 claims of sexual abuse in juvenile facilities since 1959

Economics