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Florida man settles legal battle with city for $875,000

Published by Yahoo on Thu, 16 Jan 2020


Having twice failed to get its way at the U.S. Supreme Court, the city of Riviera Beach has agreed to pay $875,000 to settle a decade-long legal battle that began over a floating home. The settlement was reached Monday and will be presented to the City Council for approval next month, the Palm Beach Post reported. The city of Riviera Beach has already spent more than $1 million in attorneys' fees since 2006, when its fight began with Fane Lozman, a retired U.S. Marine who became a millionaire after inventing software used to track stock trades.
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