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TexasTowelie

(112,224 posts)
Sun Jul 17, 2016, 01:40 AM Jul 2016

Some Penn State trustees again questioning Sandusky payouts

Following the release this week of court filings that shed new light on Pennsylvania State University's multimillion settlements with Jerry Sandusky's accusers, some university trustees are calling for renewed scrutiny on the payouts - and the board member who led the committee that approved them.

Ira Lubert, a Philadelphia investment fund manager, who oversaw the negotiation process that has paid nearly $93 million to more than 30 sex-abuse claimants since 2013, is poised to become the next chairman of the university's board of trustees in a vote next week.

He is the board's vice chairman and the only candidate to replace outgoing chair Keith Masser.

While his detractors on the board concede they don't have the support to stop his ascension, they have vowed not to let him land the job without a grilling on the settlement process.

Read more: http://www.philly.com/philly/news/20160715_Some_Penn_State_trustees_questioning_Sandusky_payouts.html

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