Catholic Archdiocese of LA agrees to $880 million settlement over hundreds of sex abuse claims

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Catholic Archdiocese of LA agrees to $880 million settlement over hundreds of sex abuse claims
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The Catholic Archdiocese of Los Angeles has agreed to pay $880 million to settle sex abuse claims made by more than 1,3000 alleged victims dating back to the 1940s.

'I am sorry for everyone one of these incidents, from the bottom of my heart,' said Archbishop José H. Gomez in a statement. 'My hope is that this settlement will provide some measure of healing for what these men and women have suffered.'The settlement brings the overall amount the Archdiocese of Los Anegeles has paid out to settle sex abuse lawsuits to nearly $1.5 billion, following a $660 million settlement with about 500 alleged victims in 2007.

'We have determined that funding for this settlement will be drawn from reserves, investments, and loans, along with other Archdiocesan assets and payments that will be made by religious orders and others named in the litigation,' Gomez's statement said. 'No designated donations to parishes or schools or to archdiocesan-wide collections and campaigns ... will be used for the financing of this settlement.

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