On Thursday, the law firm representing the survivors and families of the 58 people killed in the mass shooting in Las Vegas in 2017 reached a settlement with MGM Resorts for at least $735 million.
MGM Resorts owns the Mandalay Bay Hotel in Las Vegas where Stephen Paddock, 64, fired over 1,100 rounds from his 32nd-floor suite into a crowd of 22,000 people at an outdoor country music festival on Oct. 1, 2017, killing 58 and wounding 800 others before killing himself.
Robert Eglet, a lead counsel representing some 2,500 plaintiffs in the case, said in a statement: "while nothing will be able to bring back the lives lost or undo the horrors so many suffered on that day, this settlement will provide fair compensation for thousands of victims and their families." The total settlement amount might rise to $800 million, depending on how many claimants choose to participate, according to the law firm Eglet Adams.
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