Pennsylvania Office of Attorney General, File, Associated Press
FILE - This Nov. 5, 2011 file photo provided by the Pennsylvania Office of Attorney General shows former Penn State football defensive coordinator Gerald "Jerry" Sandusky, who sexually abused a boy more than 100 times, then threatened his family to keep him quiet about the encounters, according to a lawsuit filed Wednesday, Nov. 30, 2011 that details new accusations not included in criminal charges against him.

STATE COLLEGE, Pa. — Lawyers for a young man described in a grand jury report of a victim of sexual abuse by former Penn State assistant coach Jerry Sandusky say they've settled a legal action regarding a charity's assets.

Harrisburg attorneys Ben Andreozzi and Jeffrey Fritz said Thursday the settlement protects the claim their client plans to assert to the assets of The Second Mile. That's the nonprofit for at-risk children Sandusky founded in 1977.

The Second Mile calls the agreement a reiteration of its existing legal liabilities and says it doesn't include a finding of liability.

Sandusky's charged with sexual abuse of eight boys over a 15-year period. His preliminary hearing on 40 criminal counts is scheduled for Dec. 13 at the Centre County Courthouse in Bellefonte. He denies the allegations.