Judge approves 800 800 million settlement for Las Vegas shooting victims

10/01/2020 USA


After months of negotiations, all parties agreed to a settlement in a class action lawsuit against the owner of two resorts and a casino in Mandalay, Las Vegas, plaintiff’s attorney, Robert Eglette, told CNN by phone.
Mourners hold their candles in the air during a moment of silence during a vigil a week after the mass shooting at the Route 91 Harvest Country Music Festival.

There is a 30-day appeal for a settlement, Eaglet said.

“We hope it will be completed in a way that will be able to disperse victims’ funds before the end of the year.”

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The settlement in the class action suite will be divided among more than 4,000 claimants. The exact amount to each victim will be determined independently by a pair of retired judges agreed by both parties.

Eglett said only one of the potential claimants in the case has decided to withdraw from the lawsuit.

Stephen Paddock, whose rec year is gambling of the year, opened fire on a crowd gathered for a music festival on the Las Vegas Strip on October 1, 2017. Fifty-eight people were killed and about 700 were injured in the attack.

Officials said that after the shooting, Paddock was found with a body in his hotel room with a bullet wound to the head.

Clark County Sheriff J. L. Lombardo, after completing the final criminal investigation report by the department, said during a press conference in 2018, “What we have been able to answer is, who, what, when, where and how, are the questions. “Stephen Paddock is the only one we haven’t been able to answer clearly.”
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Mandalay Bay is owned by MGM Resorts International. In a filing with the Securities and Exchange Commission last month, MGM indicated that only 49 49 million of the settlement would come from company funds, with the remaining 75 751 million to be covered by liability insurance.

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