TAMPA, Fla. – A lawsuit filed against Olympus Pools for $1 million, which was widely reported by Tampa Bay area news outlets in May, was dropped earlier this month, according to a news release issued by Olympus Pools Tuesday.
On July 1, the two companies executed a settlement agreement and agreed to continue working together, the news release said.
“This is a major accomplishment and step forward that will hopefully offer some much-needed peace of mind to our customers and sub-contractors,” said James Staten, founder of Olympus Pools. “I’d really like to thank our great legal team at Peterson Law Group in New Smyrna Beach and Ausley McMullen in Tallahassee for helping us to reach this resolution. Additionally, I’m beyond proud of the progress and efforts our entire operations team is making. Without them, none of this would be possible.”
According to Staten, the progress Olympus has made has been nothing short of significant. Since May 10, Olympus Pools has accomplished the following:
- More than 100 pools have passed final inspection.
- 50 pools were shot with concrete.
- More than 40 pre-grades have been completed.
- More than 40 pools have had plumbing completed.
- Brick and Tile work has been completed on more than 35 pools.
- 19 screen enclosures have been completed.
- 25 pools have had electric work completed.
- 11 decks have been completed.
- 15 pools have had plaster work completed.
“Barring a major hurricane or something outside of our control, at this rate, we confidently expect to be back to our normal production schedules by the end of August or early September,” said Staten. “Additionally, customers can hopefully see the end in sight, as we are targeting for all pools currently under construction with Olympus to be finished by Christmas, if not sooner.”
With the SCP lawsuit behind them, Staten says their attorneys will now be able to focus on helping the company move forward to complete open projects and protect the company’s name and reputation. While Olympus recognizes the delays resulting from the COVID-19 pandemic and the nation-wide material shortages which followed the pandemic, Olympus must address false accusations or defamatory statements about the company.
Olympus Pools, which was founded in 2010 by Staten, has completed more than 3,000 projects throughout the state of Florida, and the company looks forward to completing many more projects for the Tampa Bay area in the years to come.