rough ridin' lawyers (sorry Lawyer Cats). People looking to sue about an alligator in it's natural habitat doing alligator things is rough ridin' stupid.
In fairness, I wasn't talking about suing the alligator. But yeah, I'd absolutely sue the crap out of Disney. This was negligence on their part for all the reasons SD described.
And Disney's response that "they're going to review their signage" is offensively inadequate. It's not feasible to keep alligators off the entire property, but if you construct a beach that attracts children into "the alligator's natural habitat," that beach needs more protection than a sign. It also shouldn't have been accessible at night.
As for settlement, if I was in these parents' shoes, I don't know what I'd do. I wouldn't care about the money - I'd want to punish these assholes. Letting them just cut me a check - even a seven figure check - for the loss of my son wouldn't cut it. But on the other hand, extended litigation just prolongs the pain to the family, too.