Penn State trustees to discuss possible settlements

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Penn State University trustees plan to hold a special meeting next week to consider whether to give a board subcommittee the authority to approve possible settlements to lawsuits connected to the Jerry Sandusky child sex abuse scandal.

The board of trustees is scheduled to meet in executive session for an hour before a public meeting Oct. 26 to consider the resolution.

The university last month hired lawyer Kenneth Feinberg, who ran the Sept. 11 victim fund and other major victim compensation efforts, to oversee Penn State's endeavors to resolve all litigation -- including claims that haven't been filed -- by the end of the year.

"If the resolution is approved by the board, the legal subcommittee would be able to provide oversight and enable a process where the university can privately, expeditiously and fairly address the victims' concerns and compensate them for claims against the university," the school said in a statement this week.

Mr. Feinberg and his firm have reached out to begin settlement talks with at least 20 men who have accused Sandusky of abuse. That number included eight men who testified against Sandusky at his trial in June, the university said. Sandusky, who was convicted of sexually assaulting 10 boys, was sentenced last week to 30 to 60 years in prison. He has maintained his innocence.

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