May 12 2003
A class action lawsuit against the Coast Homeowners Association in California has been settled for $6.1 million. The suit filed by 470 San Clemente homeowners accused the company of failing to monitor and pump wells that had been built years earlier to control groundwater levels and prevent earth movement near an ancient landslide. The case was tried in federal bankruptcy court because the association filed for bankruptcy in 1999 after the lawsuit's filing. (Feb-28-03) [EMAIL LAW FIRM
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