Talk of The Villages Florida - View Single Post - Did You Pay Your Bond Off At Closing
View Single Post
 
Old 10-05-2012, 06:00 AM
graciegirl's Avatar
graciegirl graciegirl is offline
Sage
Join Date: Mar 2008
Posts: 40,170
Thanks: 5,009
Thanked 5,783 Times in 2,004 Posts
Send a message via AIM to graciegirl
Default

Quote:
Originally Posted by bimmertl View Post
Oh really!

Stating facts is "incendiary"?

Yes, you are wrong. None of the Villagers who brought suit received "millions of dollars". The attorney who brought suit did, which is a common in suits involving multi million dollar settlements. Also, keep in mind, this was an agreed upon settlement which was approved by a judge. If Morse and his minions felt they were correct, they could have proceeded to trial and not settled. No doubt the down side was much more than the $40 million they coughed up. Plus, they would have to open their books to public scrutiny during the Discovery process and no doubt they feared that.

Take your pick, the overcharges were either intentional, or a result of gross incompetence. Either one is unacceptable.

Considering the lawsuit and now this, one can only wonder what else is going on in the highly secretive world of Villages finance? Of course, the Developer could always open his books to public scrutiny, but that will never happen.
Here is a link to an article about it. Isn't Elaine Driedame the current president of the POA?

This article is from March 2008....this all happened some time ago.

Villages developer to pay $40 million for recreation upgrades to settle a lawsuit - Orlando Sentinel
__________________
It is better to laugh than to cry.