$42.6 million FEMA trailer settlement approved

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A federal judge gave his final approval today to a $42.1 million class action settlement between companies that made government-issued trailers after hurricanes in 2005 and Gulf Coast storm victims who claim they were exposed to hazardous fumes while living in the trailers. U.S. District Judge Kurt Engelhardt ruled from the bench after hearing from attorneys who brokered a deal resolving nearly all remaining court claims over elevated levels of formaldehyde in trailers provided by the Federal Emergency Management Agency following hurricanes Katrina and Rita. Roughly 55,000 residents of Louisiana, Mississippi, Alabama and Texas who lived in FEMA trailers will be eligible for a share of the money paid by more than two dozen manufacturers. They can also get shares of a separate but related $5.1 million settlement with companies that installed and maintained FEMA trailers after the storms. Read the full story here.

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