Oct 19, Los Angeles

Deutsche Bank AG, has reached a tentative lawsuit settlement with a group of Cosmopolitan homebuyers, sources familiar with the deal say. Clark County District Court Judge Elizabeth Gonzalez is expected to rule on the proposed pact on Oct. 20. The agreement only applies to plaintiffs for Cosmopolitan's 600-foot-tall, 1,322-unit West Tower. The $3.9 billion development at 3700 Las Vegas Blvd. is tentatively scheduled to open in late 2010...more