Quote:
Originally Posted by PennBF
It is critical to recognize the absolute lies being printed as opposed to the "TRUTH. In the Daily Sun today it was reported that 6 members of the POA and the attorney's received $7M dollars from the $40M awarded in the last Lawsuit where the Developer got caught with his hands in the Cooker Jar.
How many read that lie and believed that 6 were equal partners in the $7M awarded by the courts ? I will bet a lot actually believed that and that is the way Tutt and the Daily Sun wanted you to believe it. Well the truth the Courts awarded $7M to the Attorneys and ZERO to the 6 who devoted their time and personal funds so the Historical Section could have a good Paradise Rec Center and the assurance the Developer would have to maintain additional Villages property by ordering $40M penalty. The attorney's split $6.7M among themselves and provided $300K to the 6 ($50K per) in order to repay some of the monies they personally invested to help the Historical District, et al and to help pay for some of their time spent on the problem(s). That was at the discretion of the Attorney's with no expectation by the 6!
NOW DOES THAT SOUND LIKE THE 6 WERE PART OF A $7m SPLIT LIKE THE DAILY SUN AND TUTT WOULD HAVE YOU BELIEVE. IT IS OUTRAGES AND DISHONEST TO USE ANY METHOD POSSIBLE NOT EVEN SHORT OF A LIE TO TRY TO DESTROY THE POA. IT IS DISGUSTING. TO ADD TO THIS THEY WENT ON TO SAY THE POA WAS AFTER MONEY IN THE LATEST LAWSUIT. TAKE THE TIME TO READ IT AND SEE ANYWHERE THE POA WAS TO BE PAID ANYTHING.. JUST PLAIN LIES.  |
Supporters of the POA keep rewriting history to fit their current narrative. The settlement included a payment to the named defendants in the suit. There was no “good will of the attorneys” to share some of the award. I have copied the section of the lawsuit settlement notice detailing the payments. This information was obtained from the POA’s own website!
“Attorney’s Fees and Incentive Award – VLS shall also pay to the plaintiff class $6,700,000 for attorney’s fees,
$300,000 for incentive awards to the plaintiff’s Class Representatives, and $6,000 to Anderson & Anderson, P.A. for cost reimbursement.” (emphasis added)
Now that we have the correct facts about payment of the original lawsuit, let’s talk about the most recent lawsuit. Here is the disservice the POA has done to the residents of The Villages and the POA members.
1. As stated in the article in the DS, The Villages could not refinance the bonds while the class action lawsuit was pending. This has now required The Villages to pay a higher interest rate on the bonds.
2. The Villages is eating over $300,000 in legal fees expended to fight the latest lawsuit. We, the residents, are not getting this back.
3. The POA funded the current lawsuit. This means the dues of the members paid $40,000 to The Villages as part of the settlement. What we have not seen, and no one associated with the POA will answer is how much more they paid in legal fees to their attorneys.
If I was a POA member, and I am not, I would be demanding to know a full accounting of how much this lawsuit cost. This is what you want your POA dues going towards?