Sandusky's November 2011 arrest immediately touched off a massive scandal that cost Hall of Fame coach Joe Paterno his job, as well as the university president. Former school President Graham Spanier and two other top administrators currently face charges they covered up allegations involving Sandusky to protect the university's reputation. They maintain their innocence.
Penn State announced in September it was bringing in Feinberg, who helped resolve claims from the Sept. 11 terror attacks, the BP oil spill in the Gulf of Mexico and the Virginia Tech massacre.
The university said after Sandusky's guilty verdict in June on 45 counts that it wanted to "privately, expeditiously and fairly" settle with victims of the former assistant football coach. In some cases, the victims have filed lawsuits.
Sandusky is serving a 30- to 60-year state prison sentence. Sandusky maintains he is innocent and is pursuing appeals. Most recently, he was in court for argument on post-sentencing motions, including a claim his lawyers lacked sufficient time to prepare for trial, and a ruling from the trial judge is pending.