The family will get 1 million.
My bet is it will be gone in a year.
Bet on it.
They'll be broke, auctioning off the gold spinning hubcaps. But they'll still be making a few bucks hawking the "Gentle Giant" t-shirts on Ebay...
Posted on 06/23/2017 10:30:00 AM PDT by TigerClaws
ST. LOUIS (AP) - The insurance company for the city of Ferguson, Missouri, paid $1.5 million to settle a wrongful death lawsuit filed by Michael Brown's parents, the city attorney said Friday.
Attorney Apollo Carey disclosed the amount in an email in response to an open records request. The settlement of the federal lawsuit was announced Tuesday, but financial details were not initially released.
Carey declined further comment on the settlement. A phone message seeking comment from the attorney for the family, Anthony Gray, was not immediately returned.
Brown, 18, was black and unarmed when he was fatally shot by white officer Darren Wilson on Aug. 9, 2014. Wilson was cleared of wrongdoing, but the shooting led to months of protests in the St. Louis suburb.
Wilson resigned in November 2014, soon after a St. Louis County grand jury decided not to indict him. The U.S. Department of Justice found no grounds to prosecute Wilson, but the shooting led to a Justice Department investigation that resulted in a consent agreement requiring Ferguson to make significant changes to address racial bias in its police department and municipal court.
Michael Brown Sr. and Lezley McSpadden sued the city, former Police Chief Tom Jackson and Wilson in 2015, citing a police culture hostile to black residents and claiming Wilson used excessive force.
Ferguson, Jackson and Wilson denied the allegations.
The parents also argued that the death of their son deprived them of financial support through his future potential wages.
U.S. District Judge E. Richard Webber approved the settlement but disclosed nothing about the amount, saying only that it was "fair and reasonable compensation for this wrongful death claim and is in the best interests of each Plaintiff," with the money to be split between the parents.
Webber also wrote that the agreement "shall remain sealed by this Court and shall be considered a closed record" because disclosure of the information "could jeopardize the safety of individuals involved in this matter, whether as witnesses, parties, or investigators."
Settlements involving public money and public entities like cities are typically open under Missouri law, but Webber wrote that the value of opening the record "is outweighed by the adverse impact to Plaintiffs." He did not elaborate.
Deprived of future earnings? What is the pay for making license plates?
As this black guy said on youtube, black boys have got to be the dimbest people on Earth, getting themselves killed so that those neglecting them can collect millions.
Stupid mother effers , he called them.
the city saw that and settled. They could have fought it out and won but it would have cost more.
Understand, but they would have been using taxpayer money to do so, and it would have been an interesting vote on whether the population would say “ spend and end it all” so we don’t get this type of stuff going forward.
Well after the lawyer fees they will net about $1.15 Million. Then they will blow it on a new house, new cars, trips, etc.. In about two or three years or less it is all gone and they are bankrupt. Average Lottery winner is bankrupt in 5 years.
Have a good time while you can.
So that’s what, $400k after taxes and attorney fees?
As tho that thug had a future. He would probably be dead by now anyway.But his parents have hit the Dead Thug Lottery financed by the taxpayers.
Wish I was a purple Cadillac dealer in that town right about now.
They'll be broke, auctioning off the gold spinning hubcaps. But they'll still be making a few bucks hawking the "Gentle Giant" t-shirts on Ebay...
They’ll be broke and back on welfare in 3-5 years.
Bet on it.....................
______________
Yep. Fancy new cars, expensive jewelry, trips all over the world.
They clearly settled on the cheap...
Perhaps a strong-arm robber is good for 1.5 mil lifetime, but that does not take into consideration Brown’s potential talent. He could advance his skills over the years, and become a decent career criminal, branching off into more lucrative endeavors. Add up all that potential, and $1.5 mil he’d be clearing yearly.
tax free, of course.
These frivolous racial lawsuits are why violent crime is spiking all over the country.
After the lawyer gets his fee..and remainder split between parents....they will probably run through it soon.
Let’s see, attorneys get about $500K that leaves $1 mil to split between mom and dad( I think they are divorced) Within a 6 months they will blow through that.
Punitive damages are usually considered taxable income. So assuming the top fed tax rate of 39.6% and Missouri’s top rate of 6%, roughly $684,000 will go to taxes and $500,000 to the lawyers, leaving the family with about $316,000.
“Perhaps a strong-arm robber is good for 1.5 mil lifetime, but that does not take into consideration Brown’s potential talent. He could advance his skills over the years, and become a decent career criminal, branching off into more lucrative endeavors. Add up all that potential, and $1.5 mil he’d be clearing yearly. “
Hell could have been a congressmen
“In my state it’s 63/37.......”
Which way?
Om a just world, it would be them on the hook to pay the city for the riots they and their son fomented.
Will the granny that was actually raising St. Gentle get a cut?
Well, lawyers wrote the laws...............
This is like winning the lottery. I see no indication that they will be any smarter than so many lottery winners that go broke.
May they be inundated with requests for money just like jackpot winners.
LOLOL
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