Quote:
Originally Posted by bimmertl
You have been beating this dead horse on this site for years and all you have proven is your lack of understanding of the litigation process and your extreme bias towards the developer. And, as usual, any factual statements which, despite being 100% factual, which reflect negatively on the wonderful developer, are considered "negative". Better not read the latest POA and read how Morse feels about pond maintenance costs and who should pay.
This settlement included a confidentiality agreement. Normally that covers the amount of the settlement but that is well known. No doubt during the discovery process things were brought to light that were less than favorable to Morse which prompted him caving in and offering to settle. So none of the parties, including the attorney can discuss anything they may have discovered.
In addition, it's not easy being a named plaintiff against one of the most powerful developers in the state.
The settlements were approved by a judge so any thoughts such as yours regarding some unjust enrichment are simply incorrect.
To put things in the most understandable terms, Morse bought their silence. Doubt many of them even made the minimum wage if you ever added up the hours they spent on this multi million dollar settlement.
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bimmertl: I agree with most of what you said. However this was suppose to be a class action suit and to support that claim the POA and the Developer both made an attempt to alert residents that if they disagreed with the settlement then they could give notice and opt out. the confidentiality agreement is also a mystery to me and I suspect those residents north of 466 might have wanted to know if it could have adversely affect them since this was a class action.
I was told the case was settled some 15 weeks after it was filed but can't support that claim. I guess if one has a copy of the original filing to the county and a copy of the settlement agreement they could determine the life of this lawsuit by checking the corresponding dates .
As to the amounts paid to the plaintiff attorneys and the plaintiffs I have two thoughts. The first is that $6.3 million is indeed a very generous return. I am unaware of the rationale for both the attorney payment and plaintiffs? However my main criticism was that this was the first offer and the plaintiffs jumped at it. Was this the best that could have been realized? Did the plaintiffs really serve the best interests of residents? A March 18th meeting was hastily made following the settlement only because the particulars of the plaintiffs amounts were released by an Orlando paper and not by the POA or Developer which led some residents to question what happened? The attorney who was paid $6.3 million did a really bad job of explaining and in fact never did explain but lamented that two very nice attorneys from the Developer stopped by..........................Can anyone envisage the developer or any attorney in the midst of a litigation as being "nice"?
Perhaps it was a good settlement but there are more questions than answers given. Basic Negotiations 101 tells you not to take the first offer
Having said all of that the fact remains that the POA is the only defense residents have and the only organization protecting their financial interests and to describing them as always complaining ,negative etc is tantamount to political correctness. THEY ARE DOING THEIR JOB FOR YOUR BENEFIT SHOW THEM SOME SUPPORT