Court approves $800M settlement for MGM Resorts, Vegas shooting victims

From WWW.NBCNEWS.COM

LAS VEGAS — A court on Wednesday approved a settlement totaling $800 million from casino company MGM Resorts International and its insurers to more than 4,400 relatives and victims of the Las Vegas Strip shooting that was the deadliest in recent U. S. history.

The action makes final a deal settling dozens of lawsuits on the eve of the third anniversary of the mass shooting that killed 58 people and injured more than 850 at an open-air concert near the Mandalay Bay resort.

“By the grace of God, myself and my family are going to be OK,” said Stephanie Fraser, a plaintiff in the lawsuit from La Palma, California. “I needed to be able to protect our kids.”

Clark County District Court Judge Linda Bell, in her brief order, cited “near-unanimous participation in the settlement among potential claimants.”

Authorities said more than 22,000 people were attending an outdoor music festival when a gunman firing military-style weapons from windows on the 32nd floor of the Mandalay Bay rained rapid-fire bullets into the crowd.

Fraser’s husband of 13 years, Brian Fraser, a vice president at a mortgage company, died after being shot in the chest as they danced while country music singer Jason Aldean performed.

“Brian is missed beyond words by all of us — all of our family and all of our friends,” Stephanie Fraser told The Associated Press. The couple had four children and stepchildren. She and her attorney, Dan Robinson, declined to say how much they’ll receive in the settlement.

“With this coming to an end, it brings closure and allows us to put pieces back together,” Fraser said. “Brian would want that for us.”

MGM Resorts, owner of the hotel and the concert venue, acknowledged no liability. It will pay $49 million, while its insurance companies will pay $751 million.

“We are grateful that the decision brings families, victims and the community closer to closure,” the company said in a statement. It noted the anniversary of the Oct. 1, 2017, event, calling it “a time of great sadness and reflection.”

Memorial ceremonies are scheduled Thursday at several venues in Las Vegas, including a reading of the names of the slain beginning at 10:05 p.m. — the time the first shots rang out.

Attorney Robert Eglet, the plaintiffs’ lawyer who spent a year arrangin... (Read more)

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