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Family of US Black Man Fatally Shot by Police Reaches $3Mln Settlement With City

© AP Photo / Jim MoneProtesters gather outside the governor's residence Thursday, July 7, 2016, in St. Paul, Minn. A police officer fatally shot Philando Castile as a woman in the vehicle apparently livestreamed the aftermath in a widely shared Facebook video. The shooting happened late Wednesday during a traffic stop in the St. Paul suburb of Falcon Heights.
Protesters gather outside the governor's residence Thursday, July 7, 2016, in St. Paul, Minn. A police officer fatally shot Philando Castile as a woman in the vehicle apparently livestreamed the aftermath in a widely shared Facebook video. The shooting happened late Wednesday during a traffic stop in the St. Paul suburb of Falcon Heights. - Sputnik International
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The family of Philando Castile, a black man fatally shot by a police officer during a traffic stop in St. Anthony, Minnesota has reached a $2.995 million settlement with the city, US media reported on Monday.

WASHINGTON (Sputnik) — The settlement ends the lawsuit the family had filed against the city for Castile's wrongful death, USA Today reported.

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A statement from the city and the Castiles’ lawyers said the money will be paid with insurance funds, not taxpayer dollars, according to media reports.

On Friday, 29-year-old police officer Jeronimo Yanez was found not guilty in the killing of 32-year-old Castile in July of 2016.

Castile was shot dead during a traffic stop after he told Yanez that he was armed. The shooting gained worldwide attention after Castile's girlfriend Diamond Reynolds live streamed the aftermath of the shooting on Facebook.

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