Las Vegas Nightclub Attack Settled
Attorneys for former New York hedge fund manager David Moradi, who was attacked by security officers at a Las Vegas nightclub, have settled a lawsuit against the defendants for an undisclosed amount.
Marodi’s attorneys were asking for a $160.5 million verdict plus $483 million in punitive damages, according to the Las Vegas Review-Journal.
Moradi was suing the
The settlement essentially “wipes out” the $160.5 million verdict, according to the paper. Terms of the settlement agreement were not disclosed.
Moradi, who manages a $1 billion hedge fund, suffered a traumatic brain injury in the 2012 incident.
The lawsuit claimed a nightclub manager and security officers forced Moradi into a security room and demanded to see I.D. and a credit card after he paid a more than $10,000 tab, according to the paper.
The lawsuit then claims security shoved him to the ground and smashed his head against the concrete floor. Defense attorneys said there had been a dispute over Moradi’s signature and Moradi head-butted the general manager.
However, one juror told the paper she watched two minutes of video of the encounter and saw no head-butt.