Judge OKs settlement for FEMA trailers 28 (UPI) -- A federal judge in New Orleans OKd a $37.5 million settlement with companies that provided trailers to thousands left homeless by Gulf Coast hurricanes in 2005. Terms of the settlement indicate about half the money will go toward attorney fees and costs and the rest will be divided among about 55,000 residents of Louisiana, Mississippi, Alabama and Texas, New Orleans public radio station WWNO reported Thursday. Some of those using the trailers distributed by the Federal Emergency Management Agency as temporary housing after hurricanes Katrina and Rita said the trailers made them sick. Residents said they suffered headaches, nosebleeds and respiratory problems. Government tests later revealed that hundreds of trailers in Louisiana and Mississippi had formaldehyde levels five times the amount in modern homes.