Sign in to comment!

Menu
Home

Crime & Courts

NJ, Newark schools settle for $5M in lawsuit by families of '07 schoolyard murder victims

The families of three college-bound friends murdered in a Newark schoolyard in 2007 have reached a $5 million settlement with the city schools and state.

The settlement was announced Tuesday, several weeks into a civil trial.

The state attorney general's office says the Department of Education is responsible for $3 million and the Newark school district is liable for $2 million. The state has oversight of the Newark schools.

Neither defendant admitted liability.

The families claimed the school district was negligent for leaving gates to the Mount Vernon School open at night when the schoolyard was a known gang hangout.

Six men and boys charged with the murders are serving prison terms.

The state is suing an insurance company that has refused to indemnify it in the lawsuit.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 4.23% up 4.19%  
15 Y Fixed Graph 3.26% dw 3.27%  
30 Y Fixed Jumbo Graph 4.62% dw 4.64%  
5/1 ARM Graph 3.70% up 3.38%  
5/1 Jumbo ARM Graph 4.07% up 4.01%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.29% -- 4.29%  
$50K HELOC Graph 4.04% -- 4.04%  
$30K Loan Graph 5.09% up 5.08%  
$50K Loan Graph 4.52% -- 4.52%  
$75K Loan Graph 4.52% -- 4.52%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.93% -- 2.93%  
36 M Used Graph 3.46% dw 3.47%  
48 M New Graph 3.22% -- 3.22%  
48 M Used Graph 2.99% up 2.98%  
60 M New Graph 3.24% -- 3.24%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.35% -- 0.35%  
1 yr Graph 0.69% up 0.68%  
5 yr Graph 1.39% -- 1.39%