From: | Lenny Siegel <lsiegel@cpeo.org> |
Date: | Thu, 12 Feb 2015 08:20:18 -0800 (PST) |
Reply: | cpeo-brownfields |
Subject: | [CPEO-BIF] "BM-Endicott settlement may never be revealed, " Endicott, New York |
Experts: IBM-Endicott settlement may never be revealed A previous IBM attempt to offer a cash settlement was rejected by Jeff Platsky Binghamton Press & Sun-Bulletin (NY) February 11, 2015In 2007, IBM said it would settle Endicott residents' claims with a $3 million payment, an offer that was dismissed as insufficient to compensate victims in a $100 million lawsuit against the Armonk-based company. A breakthrough finally occurred in the past several months.On Tuesday night, the two sides announced they had come to terms on an out-of-court settlement that will bring to a close a toxic tort suit that dragged on for six years and produced volumes of legal filings. The announcement gave no details of the settlement. Lawyers bringing the suit expect to discuss details with some 1,000 plaintiffs in the coming weeks. Corporate filings by IBM also give no indication of the company's potential liability from the Endicott case, saying that personal injury and punitive claims are "unspecified." ... For the entire article, seehttp://www.pressconnects.com/story/news/local/2015/02/11/endicott- residents-receive-settlement/23240355/ -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <lsiegel@cpeo.org> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org | |
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