Fleetwood Settles $60M RV Insulation Suit On The Cheap

Law360, New York (April 9, 2012, 2:08 PM EDT) -- Bankrupt recreational vehicle and home manufacturer Fleetwood Enterprises Inc. on Friday settled for $350,000 a class action accusing it of overstating the amount of insulation in its homes after the plaintiffs, who were seeking at least $60 million, agreed to vacate the class.

The original plaintiffs, Jesse Browder, Mary White, Otha Townsend, Vera and Robert Burns, Tamicca Stantley and Mary Goodwin, will split the settlement award with their attorneys, according to a settlement stipulation filed in the bankruptcy court in the Central District of California....
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