A group of Pleasantville residents (the plaintiffs) have filed suit against Global Chemical Corp. (the defendant), a manufacturer of pesticides, for injuries alleged to have occurred due to GCC's disposal of toxic chemicals since the early 1980s. The plaintiffs are predominantly working-class Latino residents of Pleasantville, and the defendant is the owner of Bug-a-cide, a pesticide manufacturer in town. Bug-a-cide regularly dumped chemical waste from its manufacturing operations into unlined lagoons near a creek. It was on the verge of bankruptcy before GCC purchased it in 2002, and GCC set out to clean up the operation by modernizing the manufacturing, business, and environmental monitoring processes. The facility is located in Garden Valley, a poor minority community where the median home value is $22,000, and no home in the neighborhood exceeds $50,000 in value. There are two churches, a grade school, and two playgrounds in Garden Valley. The plaintiffs include two groups of current and former homeowners in Garden Valley, who have filed claims based on (1) nuisance, (2) negligence, and (3) strict liability pursuant to various environmental statutes (namely, the Clean Water Act). The first group ("Group A") consists of four people who drank water from wells located downstream from the Bugacide waste lagoons and are suffering, respectively, from lupus (1982), breast cancer (1996), liver disease (1999), and kidney cancer (2009). The second group ("Group B") consists of ten similar plaintiffs who live within 1000 yards of the creek where the waste residue was dumped. They used the creek for recreation and caught fish and crawfish in the river for food. The creek would regularly flood, depositing material from the stream onto properties near the stream bed. They are suing based on contamination present on their property, a history of imprecise neurological problems such as headaches and dizziness, and a history of upper respiratory problems including asthma. The City of Pleasantville is suing GCC for costs associated with cleaning up chemicals from public facilities in the area and providing medical services to affected residents at the municipal hospital. 1) In order to avoid long and costly litigation, GCC has proposed a settlement with all plaintiffs (14 in total) for $300,000, which is roughly 14 times the median home value in Garden Valley. Do you think this is a fair amount? Is it too low or too high? Why?