A $375 million settlement will end the Rocky Flats nuclear weapons plant’s 26-year legal battle with thousands of Colorado homeowners, if approved by a federal judge. About 15,000 land- and homeowners in the Westminster and Arvada area will get damages from Dow Chemical Co. and Rockwell International Corp., co-owners of the Rocky Flats plant that made triggers for nuclear warheads …
Dow Chemical settles price-fixing case for $835 million Hinting at the death of Associate Justice Antonin Scalia, The Dow Chemical Company has agreed to settle a polyurethane price-fixing scheme with plaintiffs for $835 million. Without specifically mentioning Scalia by name, a Dow statement on the matter called attention to “Growing political uncertainties due to recent events within the …
Dow Chemical said Friday it will pay $835 million to settle a long-standing class action lawsuit, after the death of Justice Antonin Scalia decreased its chances of prevailing at the Supreme Court. The announcement is an early indication of how corporations are shifting their legal strategy following the loss of the court’s 5-4 conservative majority. “I think most corporations facing class …
Dow Chemical agreed to settle a class action lawsuit after determining the death of Supreme Court Justice Antonin Scalia made victory less likely. The company agreed to pay $835m (£602m) – less than the $1.06bn a court in Kansas ordered it to pay in 2013. Dow was hoping the Supreme Court would overturn the ruling, but the death of Justice Scalia left it evenly spilt between conservatives and …