Nassar victims reach $380 million settlement with USA Gymnastics, Olympic committee

FILE PHOTO: After their day of testimony before the Senate Judiciary Committee gymnasts Jessica Howard, McKayla Maroney and Aly Raisman — sexual abuse victims of former USA Gymnastics doctor Larry Nassar — join U.S. Senator Richard Blumenthal (D-CT) at a news conference on Capitol Hill in Washington, U.S. September 15, 2021. REUTERS/Jonathan Ernst

WASHINGTON (Reuters) - Victims of Larry Nassar, the former doctor for the U.S. women's gymnastics team, reached a $380 million settlement on Monday with the USA Gymnastics governing body, U.S. Olympic & Paralympic Committee and their insurers after a five-year legal battle.

The settlement will cover claims brought among others by Olympic gold medalists Simone Biles, Aly Raisman and McKayla Maroney, who were among Nassar's most high-profile sexual abuse victims. According to court filings, more than 500 victims have sought compensation.