MIAMI — In a surprise development, the class-action litigation over the collapse of Champlain Towers South has been settled, a federal judge was told Wednesday, with plaintiffs expected to receive just under $1 billion.
The comprehensive settlement announced in Miami-Dade Circuit Court Judge Michael Hanzman’s courtroom effectively closes the litigation phase of the case. Still to be decided is the share each victim or their survivors will receive.
The collapse in the early-morning hours killed 98 people.
