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Lawyers: Nearly $1B tentative settlement in condo collapse

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Condominium Collapse Florida

FILE - Coast Guard boats patrol in front of the partially collapsed Champlain Towers South condo building, July 1, 2021, in Surfside, Fla. A nearly $1 billion tentative settlement has been reached in a class-action lawsuit brought by families of victims and survivors of last June's condominium collapse in Surfside, Fla., an attorney said Wednesday, May 11, 2022. (AP Photo/Mark Humphrey, File)

ST. PETERSBURG, Fla. (AP) — Lawyers representing families of victims and survivors of the condominium collapse in Surfside, Florida, last June have told a judge that they've reached a nearly $1 billion tentative settlement.

Harley S. Tropin is a lawyer representing the plaintiffs. He announced the settlement during a hearing Wednesday before Miami-Dade Circuit Court Judge Michael Hanzman.

Still pending final approval, the settlement involves insurance companies, developers of an adjacent building and other defendants.

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