Quote:
Originally Posted by rubicon
Hi Avogado: I believe you might dig a little deeper because the plaintiff attorney signed a confidentially agreement with the Developer. what you are referring to was the lawsuit filed with the causes of actions not this agreement and its this agreement many are interested in reading because it contains some covenants
Personal Best Regards
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I am always willing to be educated, but it is inconceivable to me that the terms of a settlement in a class-action suit could ever be kept confidential from the members of the class (i.e., all the residents north of 466), but that is what you are alleging. Could you clarify for me exactly what confidentiality agreement you are referring to? I am relatively familiar with the class action, and a this is the first time that I have heard of it.
By the way, I personally know most of the plaintiffs in the class action and I have a lot of respect for them and for what they did for all of us. If you have any questions about the settlement, I am sure that they would be glad to answer them. Furthermore, if you have any concerns that the plaintiffs were motivated by anything other than protecting the rights of the Villagers, which at the time were being abused by the Developer, I can assure you that you are barking up the wrong tree.
My only concern about the settlement is that maybe the $43,000,000 might turn out not to be enough (if, for example we get a huge increase in the minimum wage or the IRS investigation turns out badly), but we will have to deal with that if and when a problem arises.