A settlement has been reached between the manufacturer of racing sailboat Cynthia Woods and crew member Roger Stone's widow.
Cape Fear Yacht Works has agreed to pay Linda Stone and her two children $375,000 within the next 3 years.
The Texas A&M University racing sailboat capsized June 6, 2008, when its keel and a portion of the hull surrounding it broke off during a race from Galveston, Texas, to Vera Cruz, Mexico. The boat capsized in seconds, tossing four members of the Texas A&M University at Galveston Offshore Sailing Team and one safety officer into the Gulf of Mexico, where they drifted for 26 hours. Roger Stone, the crew's second safety officer, pushed two student sailors to safety but was trapped below deck.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
