Penn State Wants Pa., NCAA To Settle Row Over $60M Fines

Law360, Philadelphia (June 13, 2013, 5:22 PM EDT) -- Pennsylvania State University on Tuesday asked the state and the National Collegiate Athletic Association to settle a dispute over $60 million in sanctions levied in the wake of the Jerry Sandusky child molestation scandal, emphasizing that it wanted to avoid being caught between the two sides.

The four-page letter sent to both parties by Reed Smith LLP attorney Frank T. Guadagnino urged the Penn State and the NCAA to resolve not only a federal suit brought by Gov. Tom Corbett and dismissed earlier in June, but...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.