PSU lawyers: 'Good faith' settlement talks begin

Penn State President Rodney Erickson, at far right, introduces members of the Board of Trustees available for media questions following the regularly scheduled Penn State Board of Trustees meeting in State College, Pa., Friday, Jan. 20, 2012. Seated at the table from left to right are trustee Kenneth Frazier, trustee and Pennsylvania Governor Tom Corbett, board vice chair Keith Masser and board president Karen Peetz. Erickson had used the board meeting as an opportunity to try to address the perception that the university isn't being as open and honest as it could be in the wake of the Jerry Sandusky scandal. (AP Photo/Andy Colwell)

October 26, 2012 3:36:12 PM PDT
The attorneys helping Penn State with talks over potential settlements with the roughly two dozen men who accuse ex-assistant football coach Jerry Sandusky of sexual abuse say they've started "good faith" negotiations with all the accusers.

Attorneys Kenneth Feinberg and Michael Rozen also said Friday that the school has not set aside a certain amount of money for potential settlements, and left open the possibility the process could stretch beyond the end of the year. The school had initially said last month it hoped to resolve claims by year's end.

Feinberg said cases would be evaluated individually.

The attorneys made their remarks at a trustees meeting specifically called to discuss potential settlements. Trustees voted to give a board subcommittee the authority to approve possible settlements on behalf of the university.