Quote:
Originally Posted by Advogado
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.
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Hi Avogado: I didn't make this up it came from the plaintiff attorney herself when she reported the facts of the settlement in a special 3/18/09 meeting. She said there were certain things she could not discuss because there was a confidentiality agreement made. a meeting by the way to explain why the parties never divulged the amounts paid to the plaintiffs or the plaintiff attorney and which local Orlando and Ocala newspapers did report the settlements which caused an uproar and forced the 3/18/09 meeting. I draw no conclusions here I imply and infer nothing about this settlement
since you know all of the plaintiffs perhaps you best be served to ask them yourself. Frankly I don't care because I don't have a dog in this fight. I was simply sharing information. I do not imply or infer anything about this settlement other than sharing information
I don't have any concerns about the settlement except the concern you cite...was the first offer sufficient or was more to be had? I say more because the Developer doesn't give in to anyone unless it is not in his best interests.
Personal Best Regards