USA Gymnastics files for bankruptcy protection

More Sports / Gymnastics Dec 6, 2018

USA Gymnastics files for bankruptcy protection

USA Gymnastics said Wednesday it had filed for bankruptcy protection as the embattled governing body continues to grapple with the aftermath of the Larry Nassar abuse scandal. In a statement on the organization's website, USA Gymnastics said it had filed for Chapter 11 bankruptcy in ...

More Sports / Gymnastics Apr 12, 2018

USA Gymnastics sues insurance carriers amid Nassar lawsuits

USA Gymnastics is suing its insurance carriers, alleging that they haven't fully reimbursed it for defense costs incurred in lawsuits filed by victims of disgraced former sports doctor Larry Nassar. The Indianapolis-based governing body for gymnastics sued seven insurance companies Friday in Marion County. The Indianapolis ...

USA Gymnastics chief Penny resigns amid pressure from USOC

More Sports / Gymnastics Mar 17, 2017

USA Gymnastics chief Penny resigns amid pressure from USOC

Steve Penny resigned as president of USA Gymnastics on Thursday following intensified pressure on the organization for its handling of sex abuse cases. The resignation came a week after the United States Olympic Committee's board recommended to USA Gymnastics chairman Paul Parilla that Penny should ...