The Christian Brothers runs Iona College as well as more...

The Christian Brothers runs Iona College as well as more than two dozen high schools across the U.S. Credit: News12

A religious order based in New Rochelle has agreed to pay more than $16 million to settle child sex abuse claims.

The Congregation of Christian Brothers runs Iona College as well as more than two dozen high schools across the U.S.

The settlement, announced Thursday by attorneys for the Roman Catholic group, is for more than 400 victims that were molested as children by priests within the Catholic order.

Two groups that hold Christian Brothers' assets sought federal bankruptcy protection in the face of the claims. A judge must approve the agreement.

A Christian Brothers leader calls the concessions painful but necessary to protect children. Attorney Jeff Anderson says victims are seeking an independent audit of personnel records to make public any other records of abuse.

With the Associated Press

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