Stanley Marsh 3, the eccentric millionaire artist best known for his "Cadillac Ranch" art display along an interstate in the Texas Panhandle, was charged Wednesday with 11 felony counts of molesting children.
In the wake of the Penn State child molestation scandal and continuing investigation, retailers and industry analysts say sales of hats, shirts and other items with the school name have plummeted about 40 percent overall compared with the same period last year.
The charges could go before a grand jury in the next few weeks or soon after the first of the year, special prosecutor Matt Powell said.
