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LAWSUITS NEWS & LEGAL INFORMATION

Schrenker Ordered to Pay $12 Million

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This is a settlement for the Defective Product lawsuit.

Schrenker Ordered to Pay $12 Million

Marcus 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

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