Firms Acquire L.A. County Sex Abuse Funds

Victims of childhood sexual abuse in Los Angeles County are being targeted by private companies offering lump sums to sell their future settlement payouts from a $4-billion settlement. Many victims, frustrated by delays and facing urgent financial needs, are accepting these offers, often sacrificing a significant portion of their awards. Some cases are held in limbo as law firms' payouts are delayed pending fraud investigations, raising concerns about exploitation and the effective use of settlement funds.

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