LAWSUITS NEWS & LEGAL INFORMATION
Schrenker Ordered to Pay $12 Million
This is a settlement for the Defective Product lawsuit.
Schrenker Ordered to Pay $12 MillionMarcus Schrenker, the failed financial manager and pilot who engineered a plane crash to fake his own death, has been ordered to pay Dothan resident Barnett Hudson $12 million as settlement in a suit the Alabama native filed against Schrenker.
The suit alleged that the financier had sold Hudson a defective plane in 2002.
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Published on Feb-6-09