10 Families Settle With Cargo Ship El Faro’s Owner

  Tuesday, January 26th, 2016 Source: NBC News

The families of 10 crew members who died when the cargo ship El Faro sank near the Bahamas last year have agreed to take $500,000 each to settle pending lawsuits against the vessel’s owner, TOTE Maritime Puerto Rico. The settlement, filed in a federal court in Florida, covers fewer than a third of the 33 crew members who perished after the ship went missing Oct. 1 during Hurricane Joaquin. Cases involving the others presumably remain pending.

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