Daily Business Journal: Judge OKs $6.6 million settlement (8-12-10)
A Miami-Dade circuit judge has approved a class action settlement between a Homestead builder, real estate brokerage and 149 homeowners who sought damages for Chinese drywall installed in their houses.
Judge Joseph P. Farina concluded the $6.6 million fund established for the owners was reasonable, given the fact “the settling parties have limited assets and collectibility of those funds remains an open question.”
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