[CPEO-MEF] "Aerojet to pay $25 million ..." (CA)

["lsiegel@cpeo.org" <lsiegel@cpeo.org>]

Aerojet to pay $25 million to settle pollutant lawsuit

By Chris Bowman
Sacramento Bee (CA)
May 17, 2006

Aerojet-General Corp. has agreed to pay a $25 million settlement after a
jury found the defense contractor responsible for the deaths of three
former Rancho Cordova residents and the illnesses of four others who drank
tap water contaminated with rocket fuel.

A Sacramento Superior Court jury awarded more than $14 million in damages
to the plaintiffs last week following a twomonth trial. Aerojet officials,
faced with possible punitive damages, agreed Friday to settle the case for
an additional $11 million.

Aerojet's parent company, GenCorp, disclosed the deal Monday in a financial
report to shareholders, saying the payment would be made over three years,
with the first installment due next month.

...

For the entire article, see
http://www.sacbee.com/content/news/story/14256320p-15071357c.html

-- 
Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
http://www.cpeo.org



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