Atlantic Wire Settles Pollution Charges For $2.4M

Law360, New York (January 6, 2009, 12:00 AM EST) -- Days after pleading guilty in a criminal pollution case, bankrupt steel wire producer Atlantic Wire Co. LLC has agreed to pay the state of Connecticut roughly $2.4 million to settle allegations that it frequently emptied toxic wastewater into a river near the Long Island Sound.

Under the settlement, Atlantic Wire will pay the state $1.5 million, as well as having set aside an additional $900,000 for environmental cleanup during the company's liquidation.

The company settled charges that 21 illegal wastewater dumps between 2005 and 2008 caused...
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