New York City Approves Central Park 5 Settlement

06/26/2014 02:37 pm ET | Updated Jun 26, 2014

NEW YORK (AP) — The New York City comptroller has approved a tentative $40 million settlement with the five men wrongly convicted for the 1989 Central Park jogger attack.

The settlement also requires federal court approval.

Comptroller Scott Stringer said Thursday that the settlement "closes a very difficult chapter" in the city's history.

Attorney Michael Warren says the plaintiffs are "very relieved" at the step toward moving on with their lives.

The five black and Hispanic defendants were found guilty as teenagers in the attack on a white woman — an investment banker — who had gone for a run in the park.

They served six to 13 years in prison. Their convictions were thrown out in 2002 because of evidence that someone else, acting alone, committed the crime.

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