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Settlement approved in Palladium slaying

NEW YORK, Dec. 30 (UPI) -- A New York City judge has approved a $1.25 million settlement for a man who was wrongly jailed in a notorious murder case.

David Lemus had sued the city for $50 million for the 14 years he spent in prison for the 1990 slaying of a bouncer at the famed Palladium nightclub.

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Lemus and Olmedo Hidalgo were convicted in 1992 in the shooting death of Marcus Peterson, but the conviction was tossed out in 2005 after new evidence surfaced pointing the finger at two other individuals.

Lemus, 40, who now resides in Florida, was acquitted in a 2007 retrial. Charges were dismissed against Hidalgo, who has since been deported to the Dominican Republic, the New York Post reported.

Lawyer Steven Schiesel said money could not "fairly compensate Mr. Lemus for spending his youth being shuffled from prison to prison."

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