Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Saturday, July 02, 2011

Exxon Mobil Ordered to Pay Over $1.5 Billion to Maryland Families

Exxon Mobil Corp. has been ordered to pay more than $1.5 billion in damages to 160 families and businesses affected by a 2006 gasoline leak in Maryland.

Jurors awarded more than $1 billion in punitive damages on Thursday, after earlier awarding $495 million in compensatory damages. The ruling in Baltimore County Circuit Court follows a $150 million award in 2009 involving about 90 households, which Exxon is appealing. The Irving, Texas-based oil company said the facts do not support the latest ruling and that it will appeal it as well.

READ MORE …

No comments: