Uvalde school shooting victims' families announce $2 million settlement with Texas city and new lawsuits

In the settlement announced Wednesday, the city of Uvalde will pay a total of $2 million to the families of 17 children killed in the shooting and two children who survived, according to a statement from the families' attorneys.

"Pursuing further legal action against the City could have plunged Uvalde into bankruptcy, something that none of the families were interested in as they look for the community to heal," the statement said.