1 / 13Las Vegas ShootingFILE - In this Monday, Oct. 1, 2018 file photo people embrace before a ceremony at a memorial garden, on the anniversary of the mass shooting a year earlier, in Las Vegas. Two years after a shooter rained gunfire on country music fans from a high-rise Las Vegas hotel, MGM Resorts International reached a settlement that could pay up to $800 million to families of the 58 people who died and hundreds of others who were injured, attorneys announced Thursday, Oct. 3, 2019.
The agreement will resolve lawsuits in at least 10 states seeking compensation from the hotel owner for physical and psychological injuries after a lone gunman opened fire into a country music festival from a high-rise Las Vegas Strip resort on Oct. 1, 2017. But it is money they will get, which will be divvied up based on formulas such as expected lifetime earnings or severity of injuries. Payouts will be calculated by reviewing such items as medical bills, hospital records and the prognosis for a lifetime of long-term health problems.
The settlement creates the third-largest victims compensation fund in U.S. history, said Feinberg, a claims administrator who distributed $7.1 billion to victims after the Sept. 11, 2001, terrorist attacks and $6.5 billion following the 2010 BP oil spill in the Gulf of Mexico. Attorneys will likely seek a percentage of the payout as settlement. He said he hasn't decided how much to ask for.