Chevron to Pay $40M in Asbestos Class Action Lawsuit
Denver, CO: 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 $32.5million in cash to the landowners in the class. It will also pay $7.5million for asbestos cleanup and testing.
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