Chevron to Pay $40M in Asbestos Class Action Lawsuit
February 18, 2013
A$40 million settlement has been reached in an environmental
class action brought by northern Colorado landowners against Chevron Corp. The lawsuit alleged asbestos contamination to the land.
The settlement, reached late in January, will see Chevron pay $32.5 million in cash to the landowners in the class. It will also pay $7.5 million for asbestos cleanup and testing.
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