Vegas victim fund is 3rd biggest in US history


SAN DIEGO (AP) – A mega-claims administrator who’s doled out money to victims after 9/11 and other disasters says a settlement makes the Las Vegas shooting compensation fund the third-largest in U.S. history.

Victims’ attorneys announced a deal Thursday worth $735 million to $800 million to settle lawsuits over the 2017 massacre that killed 58 people and injured hundreds.

Kenneth Feinberg oversaw $7.1 billion in victim compensation after the Sept. 11, 2001, terrorist attacks and $6.5 billion following the 2010 BP oil spill in the Gulf of Mexico.

Feinberg isn’t involved in the settlement between MGM Resorts International and Las Vegas shooting victims. He said Thursday that the amount will surpass the $600 million distribution to General Motors vehicle owners affected by faulty ignition switches.

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