The children won't receive the money until they turn 25 in 2029
LONG BRANCH -- The parents of three of the four Long Branch boys allegedly tied up in a school bathroom by two janitors sued the district for $30 million.
The plaintiffs ended up settling for a fraction of their original asking price -- $347,500 in total.
The news was first reported by NJ Civil Settlements, which provides a partial list of settlements paid by New Jersey government agencies and their insurers to those who have sued them.
One boy will receive $108,746.93; a second will get $108,631 while a third is to be paid $143,894.87. All three will be given the money on their 25th birthdays in 2029, according to the settlement.
District superintendent Michael Salvatore said that the then-second grade boys were wrapped in tape or ribbon.
Surveillance camera captured the two men entering a bathroom that was closed for repairs. Four boys entered the bathroom a short time later.
Salvatore called the March 2012 incident, "a joke gone bad."
Neither worker is still employed by the district.
Jeff Goldman may be reached at jeff_goldman@njadvancemedia.com. Follow him on Twitter @JGoldmanNJ. Find NJ.com on Facebook.