• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
FinanceCatholic Church

Los Angeles Catholic archdiocese agrees to pay $880 million to clergy sexual abuse victims

By
The Associated Press
The Associated Press
Down Arrow Button Icon
By
The Associated Press
The Associated Press
Down Arrow Button Icon
October 17, 2024, 4:55 AM ET
The Cathedral of Our Lady of the Angels
The Cathedral of Our Lady of the AngelsMyung J. Chun / Los Angeles Times via Getty Images

The Archdiocese of Los Angeles has agreed to pay $880 million to victims of clergy sexual abuse dating back decades, in what an attorney said was the largest single child sex abuse settlement with a Catholic archdiocese, it was announced Wednesday.

After the announcement of the agreement in principle, Archbishop José H. Gomez said in a statement, “I am sorry for every one of these incidents, from the bottom of my heart.”

“My hope is that this settlement will provide some measure of healing for what these men and women have suffered,” the archbishop added. “I believe that we have come to a resolution of these claims that will provide just compensation to the survivor-victims of these past abuses.”

Attorneys for 1,353 people who allege that they suffered horrific abuse at the hands of local Catholic priests reached the settlement after months of negotiations with the archdiocese, the Los Angeles Times reported.

The agreement caps a quarter-century of litigation against the most populous archdiocese in the United States.

Attorneys in the Plaintiffs’ Liaison Committee said in a joint statement, “While there is no amount of money that can replace what was taken from these 1,353 brave individuals who have suffered in silence for decades, there is justice in accountability.”

Under the settlement, the plaintiffs will engage in a process— that will not involve the archdiocese — to allocate the settlement amount among the participants.

The archdiocese has previously paid $740 million to victims in various settlements and had pledged to better protect its church members, so this settlement would put the total payout at more than $1.5 billion, the Times said.

Attorney Morgan Stewart, who led the negotiations, said in a statement that the settlement is the largest single child sex abuse settlement with a Catholic archdiocese.

“These survivors have suffered for decades in the aftermath of the abuse. Dozens of the survivors have died. They are aging, and many of those with knowledge of the abuse within the church are too. It was time to get this resolved,” Stewart told the Times.

The settlement will be funded by archdiocese investments, accumulated reserves, bank financing, and other assets. According to the archdiocese, certain religious orders and others named in the litigation will also cover some of the cost of the settlement, the Times said.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Salman Khan
AIunemployment
The godfather of AI predicts mass unemployment is on its way. This CEO warns even a 10% reduction ‘will feel like a depression’
By Jake AngeloFebruary 12, 2026
8 minutes ago
Real EstateMark Zuckerberg
Mark Zuckerberg is joining Jeff Bezos in Miami’s billionaire bunker: Take a look inside his real-estate portfolio
By Marco Quiroz-GutierrezFebruary 12, 2026
2 hours ago
Personal FinanceReal Estate
Current ARM mortgage rates report for Feb. 12, 2026
By Glen Luke FlanaganFebruary 12, 2026
3 hours ago
Personal FinanceReal Estate
Current refi mortgage rates report for Feb. 12, 2026
By Glen Luke FlanaganFebruary 12, 2026
3 hours ago
Personal Financemortgages
Current mortgage rates report for Feb. 12, 2026: Rates take a small dip
By Glen Luke FlanaganFebruary 12, 2026
3 hours ago
merz
CryptoEuropean Union
Move over, ‘Merkron.’ Europe’s new power couple is ‘Merzoni’
By Julia Khrebtan-Hörhager and The ConversationFebruary 11, 2026
7 hours ago

Most Popular

placeholder alt text
Economy
America borrowed $43.5 billion a week in the first four months of the fiscal year, with debt interest on track to be over $1 trillion for 2026
By Eleanor PringleFebruary 10, 2026
2 days ago
placeholder alt text
Crypto
Bitcoin reportedly sent to wallet associated with Nancy Guthrie’s ransom letter providing potential clue in investigation
By Carlos GarciaFebruary 11, 2026
16 hours ago
placeholder alt text
Economy
It turns out that Joe Biden really did crush Americans' dreams for the future. Just look at how the vibe changed 5 years ago
By Jake AngeloFebruary 10, 2026
2 days ago
placeholder alt text
Commentary
Something big is happening in AI — and most people will be blindsided
By Matt ShumerFebruary 11, 2026
20 hours ago
placeholder alt text
Law
Law enforcement thought Nancy Guthrie's smart camera was disconnected, but Google Nest still had the tape
By Safiyah Riddle, Michael Liedtke and The Associated PressFebruary 11, 2026
23 hours ago
placeholder alt text
Economy
America’s national debt borrowing binge means interest payments will rocket to $2 trillion a year by 2036, CBO says
By Eleanor PringleFebruary 11, 2026
19 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.