Attorney Tom Kline said Saturday that a 25-year-old suburban Philadelphia man known as “Victim 5″ in court filings had completed the agreement with the university, the first to come to terms with the university that once employed Sandusky as an assistant football coach.
Another attorney, Mike Boni, one of four lawyers collectively representing 10 claimants — including the young man whose complaint triggered the Sandusky criminal investigation — said Sunday those claims were also close to being resolved.
“I’d be troubled if it didn’t happen this week,” Boni said. “We’re not signed off, but we’re close.”
A lawyer for the victim refused to specify the dollar amount of the settlement but did say his client expects to receive the money within a month. The university has approved to spend $60 million on settlements. The lawyer also tells the Associated Press that terms of the agreement will make it easier for Penn State to recover the settlement money from others, such as the charity that Sandusky founded or the university’s insurers. “My client is relieved,” the victim’s lawyer tells Reuters. “He was dragged into this as someone who had a knock on the door from the state police. He didn’t seek this out.”