Thursday, September 4, 2008

SETTLEMENT REACHED IN FIRE

Michael Derderian and his brother Jeffrey, right, the owners of the Station nightclub in West Warwick, R.I., where a 2003 fire killed 100 people, reached a tentative $813,000 settlement with survivors and relatives of those killed. The fire began when pyrotechnics ignited packaging foam the Derderians had installed as soundproofing.

SOURCE: Associated Press

IN FACT Michael Derderian was sentenced to four years in prison and will be paroled next year.