A judge has approved a $15 million settlement in a wrongful death lawsuit filed in Cook County, Illinois, by the family of a Chicago restaurant executive killed in a private plane crash in 2006. Michael Waugh, who was general manager of Joe’s Seafood, Prime Steak and Stone Crab Restaurant, was returning from Olathe, Kansas, on January 30, 2006, when the Cessna 421B piloted by a Morgan Stanley senior financial advisor, who was not a professional pilot, crashed just before landing at a Chicago-area airport. Mr. Waugh, the pilot, and two other passengers were killed. The lawsuit against the pilot’s estate and Morgan Stanley alleged that the giant financial company used aircraft flown by nonprofessional pilots. The judge approved the settlement to the family of Mr. Waugh.
Source: Chicago Tribune
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