In the most sweeping challenge yet to the federal fund intended to compensate relatives of Sept. 11 victims, the families of seven victims who worked at Cantor Fitzgerald have filed a lawsuit accusing the fund’s administrator of acting illegally and unfairly, thereby shortchanging the families of all New York victims. The lawsuit calls the administrator, Kenneth R. Feinberg, autocratic and arrogant, and accuses him of having “run roughshod” over legislation governing the the Sept. 11 Victim Compensation Fund. It also says Mr. Feinberg has “alienated and disenfranchised the very constituency he was appointed to serve.” And it says that the fund violates New York law by calculating awards based on after-tax projections of lost income, discriminates against unmarried victims and imposes an illegal cap that could leave some high-income families with as little as one-tenth of what they should be awarded under the law establishing the fund. Full Story
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