The impressive amount comes from several deals: a $ 852 million deal announced by the university on Thursday, a previous federal class action settlement totaling $ 215 million, as well as “other deals,” said the USC.
USC described the agreement, which involved civil actions by 710 women, as “fair and reasonable”. It was ratified by the university’s Board of Trustees.
The victims’ lawyers said it was “the biggest sexual abuse deal against any university and the biggest personal injury deal against any university in history”.
Tyndall faces 29 criminal charges, including 18 charges of sexual assault and 11 charges of sexual assault, dating back more than 20 years. He pleaded not guilty to the crimes and is awaiting trial.
USC President Carol Folt said in a statement: “I deeply regret the pain experienced by these valued members of the USC community. We appreciate the courage of all those who have come forward and hope that this necessary resolution will provide some relief to women victims of George Tyndall. “
USC Board of Trustees President Rick J. Caruso acknowledged, “Our institution has failed to do everything it can to protect those who matter most to us – our students.”
CNN contacted representatives of George Tyndall for comment.