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USAG also committed to having at least one survivor in their Board of Directors, Safe Sport Committee and Athlete Health and Wellness Council, among other commitments, a statement from the organization said.

\"The Plan of Reorganization that we jointly filed reflects our own accountability to the past and our commitment to the future,\" USAG President and CEO Li Li Leung said.

In a statement provided to ABC News, U.S. Olympic and Paralympic Committee CEO Sarah Hirshland said she was grateful to have reached a resolution and praised the women who raised their voices against Nassar.

\"We have the deepest respect for the tremendous strength and bravery these women have shown. We recognize our role in failing to protect these athletes, and we are sorry for the profound hurt they have endured,\" Hirshland said.

\"PHOTO:
Geoff Robins/AFP/Getty Images, FILE
PHOTO: Kyle Stephens gives her victim impact statement during Larry Nassar's sentencing hearing in Lansing, Mich., Jan. 16, 2018.
>

Manly said the victims' fight for justice has not ended with this settlement, as a recent investigation also shed light on the role the FBI played in protecting Nassar.

In September 2021, gymnasts Simone Biles, McKayla Maroney, Maggie Nichols and Aly Raisman testified before the Senate over the alleged failures of the FBI in handling the case against Nassar.

\"There is one more chapter yet to be written, the criminal prosecution of the FBI officials who failed to investigate and stop Nassar together with the USAG and USOPC officials who conspired with them to impede the investigation,\" Manly said.

\"We will continue to pursue justice on behalf of the hundreds of little girls and young women who were molested as a direct result of their obstruction of justice,” he added.

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