The Southern Center for Human Rights in June filed a federal civil rights lawsuit against Worth County Sheriff Jeff Hobby and more than a dozen deputies. A grand jury last month indicted Hobby and two deputies on charges related to the April search at Worth County High School.
A judge still has to sign off on the proposed settlement.
Raleigh Rollins Jr., a lawyer representing Hobby and some of the deputies, confirmed the proposed settlement but had no further comment.
The settlement announcement comes a day after Gov. Nathan Deal suspended Hobby because of the indictment.
Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.