$14.8m settlement for thousands harmed by FEMA formaldehyde trailers they lived in after Hurricane Katrina

Video:Anybody looking for a trailer? This an Aerial video clip of a FEMA trailer storage facility on the Beauregard Parish Airport, in DeRidder, Louisiana. Out of site, out of mind.



Nearly seven years on and the effects of Hurricane Katrina are still being felt along the Gulf Coast and New Orleans.

More than 20 mobile home manufacturers have agreed to pay $14.8 million to thousands of U.S. hurricane victims who said they were harmed by formaldehyde in the trailers.

Lawyers for the plaintiffs, who lived in trailers after being left homeless by Gulf Coast hurricanes Katrina and Rita, filed the preliminary settlement in federal court in New Orleans on Friday, asking U.S. District Judge Kurt Engelhardt to approve it.

The settlement could affect tens of thousands of people who lived in trailers provided by the Federal Emergency Management Agency after Katrina and Rita devastated the Gulf Coast and left thousands homeless in August and September 2005. Read More

Note: Not a bad outcome for something that was once called a Conspiracy.