The Archdiocese of New York has reached a landmark settlement with attorneys representing victims of clergy sex abuse, according to sources close to the negotiations. Lawyers involved in the case claim the settlement totals a staggering $800 million, making it one of the largest payouts in the history of the Catholic Church's handling of abuse scandals. The agreement reportedly covers hundreds of claims of abuse spanning several decades, with many of the alleged perpetrators being priests and other church officials. The settlement is seen as a major step towards accountability and healing for survivors of the abuse, although details of the agreement remain under wraps pending formal approval.
Archdiocese of New York offers $800 million sex abuse settlement, lawyers say CBS News