Friday, 8 July 2016

DuPont May Be Forced To Settle Chemical Lawsuits for 'Hundreds of Millions,' Insiders Say

It’s a legal case in which DuPont truly believes it is right. Yet, a jury yesterday awarded a man $5.1 million, believing that the chemical it once produced called C-8 was linked to a handful of different cancers. In conversations with attorneys involved on both sides of this issue, the likely outcome predicted is that DuPont pays “hundred of millions into a fund.” That money will then be dispersed to those individuals whose illnesses are linked to C-8 -- a chemical used in Teflon and in Stain Master carpet fibers. In the case of Wednesday’s verdict, a jury from the U.S. District Court in Southern Ohio awarded David Freeman compensatory damages, or actual damages. He has testicular cancer. The jury will begin deciding today whether it will force DuPont to pay “punitive” damages that are intended to teach the company a lesson.

from Forbes - Leadership http://ift.tt/29uU4Ku

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