Jerry Sandusky's The Second Mile charity has settled a lawsuit filed by a man claiming to be a victim of sex abuse, Bloomberg is reporting.

The alleged victim was seeking a freeze on the charity's assets, a lawyer told Bloomberg.

Attorney Ben Andreozzi told Bloomberg on Thursday that The Second Mile has agreed to getting court approval before transferring assets or closing down. The charity has also agreed to provide notice to the plaintiff before any distribution of funds happens, Bloomberg reported, noting that the lawyer represent a man known as John Doe #4.

Our goal in filing this lawsuit was to protect the interests of our clients and other victims, Andreozzi told Bloomberg. We intend to initiate a civil lawsuit seeking damages from the organizations and individuals responsible for the sexual assaults upon our clients.

Sandusky is a former assistant coach at Penn State. The 67 year old was arrested and charged on Nov. 5 on 40 counts of child sex abuse. A grand jury reports claims that Sandusky molested eight young boys over a 15-year time frame.

The court document also stated that the former coach found most of his victim through The Second Mile, which he founded in 1977.

Sandusky has said he is innocent of the charges.

The Second Mile published a statement on its Web site earlier this week encouraging donor to send their money to the Pennsylvania Coalition Against Rape.

The charity didn't say whether it was not accepting donations anymore.

Our focus remains on the victims, the statement read. Children who suffer sexual abuse face unique and formidable challenges, as do their families. The events reported over the past few weeks have saddened and horrified us; we are determined to do all we can to help the survivors with the healing process.