Now, Erik Larson reports in Bloomberg that the retailer wants to settle, out-of-court. Here is that coverage.
Yesterday, I discussed the possible public relations fallout from that move. Here is that post. After all, investigators found the Wal-Mart driver was speeding at the time of the accident and hadn't slept for 24 hours. Morgan has endured profound suffering from the accident. In it one died and two others were also seriously hurt.
Also the timing for that kind of move is lousy. Wal-Mart will be offering checking accounts. They are easy to apply for and get. And they will be affordably priced. This is a great public service to many unbanked. Currently they are paying high fees to cash checks and to pay their bills with money orders. If Wal-Mart became positioned as the meanie who crucified Morgan for not wearing a seatbelt the target markets for the checking accounts might not trust the retailer.