I thought that insurance covered the vast majority of the settlement? This article seems to contradict that. Not good if true.
General gist is the workers are voting on a strike due to benefits & retirement plans being cut. According to respiratory therapist Brian Dedoro, the school cut employee's benefits due to the $852 million settlement. Is this posturing?
eta: further quote, "The university plans to pay out the settlement "largely through a combination of litigation reserves, insurance proceeds, deferred capital spending, sale of non-essential assets, and careful management of non-essential expenses," USC President Carol L. Folt said in a letter to the school community.
And what is this about UEI suing the school and threatening not to post? I can understand if you don't want to answer on this forum, but it does seem somewhat troubling. Certainly the optics are not the best.