Arrest Warrant Issued For Bill Cosby...

An arrest warrant has been issued for Bill Cosby for the sexual assault of Andrea Constand.

Cosby is accused of drugging and sexually assaulting Constand at his mansion in Elkins Park, Pennsylvania in January 2004 while she was an employee at Temple University.

The 78-year-old comedian previously said under oath that he had consensual sexual contact with Constand.  

Montgomery County prosecutors announced the charge against Cosby at a press conference Wednesday morning, saying; 'The evidence is strong and sufficient to proceed at this point.'

Cosby will be arraigned at 4pm Wednesday afternoon in Elkins Parks on a charge of aggravated indecent assault. Constand, the former director of operations for Temple's women's basketball team, launched her legal suit against Cosby, a man she called her 'mentor', in March 2005.

Now 42, she said she first met Cosby, a Temple alum, in November 2002 and the pair became friends and she was a frequent guest at dinner parties at his home. 

Authorities in Montgomery County, Pennsylvania, followed up with an investigation, but in February 2005, they declined to press criminal charges due to a lack of evidence.

Cosby settled that sexual abuse lawsuit for undisclosed terms in 2006.

After the lawsuit became public earlier this year, Constand tweeted out 'YES!' followed soon after by 'SIR!'

Cosby meanwhile released his own statement. 

'The only reason Mr Cosby settled was because it would have been embarrassing in those days to put all those women on the stand and his family had no clue,' his camp said in a statement.

'That would have been very hurtful.'