New York AG reopens Cornell gang rape case, possible grand jury involvement

An investigation into an alleged gang rape involving a former Cornell University student has reignited national discourse on sexual assault. Initially, the case did not result in criminal charges, but it has now been reopened under the supervision of New York Attorney General Letitia James. The renewed scrutiny follows a civil lawsuit filed by the accuser, prompting local prosecutor Matthew Van Houten to reevaluate the evidence with the potential involvement of a grand jury. Cornell University has confirmed it enacted disciplinary measures following its own Title IX investigation. The state attorney general’s involvement is viewed as a significant development, indicating a reassessment of the available evidence for possible criminal charges. Key Takeaways The reopening of the investigation suggests increased scrutiny on the case, consistent with the possibility of charges being filed. Pricing indicates a slight decrease in confidence for a YES outcome, with current probability priced at 29.5%. The involvement of a special prosecutor and grand jury consideration are key factors that may influence future expectations. What to Watch The progression of the investigation, particularly a...