MGM resorts will pay up to $800 million to family members of victims of the 2017 mass shooting in Las Vegas, the deadliest mass shooting by an individual in modern U.S. history, according to The New York Times.
A law firm representing the families of the 58 people killed in the shooting said they have reached a settlement with MGM that will pay out between $735 million and $800 million. MGM owns the Mandalay Bay Hotel, where gunman Stephen Paddock opened fire from the 32nd floor at attendees of a music festival before turning the gun on himself.
Robert Eglet, one of the attorneys for the victims, said Thursday that the agreement would settle “substantially all” lawsuits and complaints against the company alleging negligence for allowing Paddock to stockpile numerous weapons and thousands of rounds of ammunition in his room.
The company had initially argued that the shooting constituted an “act of terrorism” and that, under a federal law passed after the Sept. 11 attacks, it was shielded from liability. It also cited its hiring of a security firm for the concert that had a special designation from the Department of Homeland Security.
As part of an attempt to move the cases to federal court and argue the law exempted them, the company countersued or sued more than 1,000 litigants without seeking financial damages, according to the Times.
“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,” Eglet said in a statement, according to the Times, commending MGM’s “good corporate citizenship.”
The Hill has reached out to MGM Resorts for comment.