CENTRE DAILY / AP: Penn State’s board of trustees is holding a special meeting Wednesday, to consider a possible settlement in a lawsuit over how $60 million in fine money levied against the university can be spent…
A Penn State spokesman confirmed last week that there have been talks in a lawsuit brought by state Sen. Jake Corman, R-Benner Township, against the NCAA over the Endowment Act, a law that seeks to keep the $60 million in fines in Pennsylvania.
“Settlement discussions are ongoing with respect to a possible resolution of the Corman v. NCAA litigation,” spokesman David La Torre said in an email. “One of the matters being discussed is the appropriate time to convene a meeting of the board of trustees to discuss a possible settlement.” … (more)
