Sandusky Charity Settles -Jerry Sandusky, the former Pennsylvania State University football coach, has settled a lawsuit with his charity filed by an alleged sexual abuse victim seeking to freeze Second Mile assets, according to a lawyer.
The organization agreed to obtain court approval prior to transferring assets or closing down and provide notice to the plaintiff before any distribution of funds, attorney Ben Andreozzi said today in an e-mailed statement. Andreozzi represents a man identified as John Doe #4 in the complaint, filed Nov. 23 in Pennsylvania state court in Philadelphia.
Sandusky, 67, was charged by state prosecutors Nov. 5 with 40 counts related to alleged molestation of eight boys from 1994 to 2009. Prosecutors charged that Sandusky, who founded Second Mile in 1977, used the charity to find his victims.
“Our goal in filing this lawsuit was to protect the interests of our clients and other victims,” Andreozzi said. “We intend to initiate a civil lawsuit seeking damages from the organizations and individuals responsible for the sexual assaults upon our clients.”
The Sandusky charity, which serves children with physical, emotional and academic needs, saw its assets more than triple from 2002 through 2009. Net assets were estimated at $7.9 million as of Nov. 24, according to court papers.
In court papers filed Nov. 28, the Sandusky charity argued that the complaint lacked any factual basis and should be dismissed or transferred to state court in State College, where Second Mile is located.
Second Mile said earlier this month that it’s considering restructuring, transferring some programs or shutting down. The charity’s former president, Jack Raykovitz, resigned Nov. 14 after a grand jury report said foundation officials were aware of Sandusky’s alleged contact with boys in Penn State football showers as early as 1998.