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August 14, 2014

$48M settlement over La. sinkhole

NEW ORLEANS (AP) — A federal judge has granted final approval of a $48.1 million class-action settlement for Louisiana residents affected by a 37-acre sinkhole that opened two years ago has been swallowing land ever since.

U.S. District Judge Jay Zainey said Wednesday there were no objections to the settlement. It will compensate 269 people who lived in the Assumption Parish community of Bayou Corne.


 
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