Chemours Co , DuPont de Nemours Inc and Corteva Inc on Friday said they had reached an agreement in principle to settle claims that they contaminated U.S. public water systems with toxic 'forever chemicals' for $1.19 billion.
on Friday said they had reached an agreement in principle to settle claims that they contaminated U.S. public water systems with toxic "forever chemicals" for $1.19 billion.
The three companies, which deny the allegations, said that they expect to finalize a formal agreement by the second quarter of 2023. Chemours said it would contribute half the agreed amount, while the remainder would be provided by DuPont and Corteva."This is an impressive step toward righting a corporate wrong that threatened the health of all Americans," said Scott Summy, an attorney for the plaintiffs with the law firm Baron & Budd.
The companies said the agreement resolves claims made against them by hundreds of water providers across the country, who say they are responsible to help pay to clean up PFAS contamination from firefighting foams. Once finalized, the settlement will be subject to the approval of U.S. District Judge Richard Gergel, who is overseeing the consolidated litigation.
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