Paint Makers To Pay $305M To End 19-Year Calif. Lead Case

By Mike LaSusa (July 17, 2019, 7:48 PM EDT) -- Sherwin-Williams, ConAgra and a third paint maker have agreed to pay $305 million to clear up a suit brought nearly two decades ago by 10 California counties and cities blaming the companies for the negative impacts of the widespread use of lead paint in the Golden State.

The Sherwin-Williams Co., ConAgra Grocery Products Co. LLC and NL Industries Inc. will each pay $101,666,666.67 to end the case first brought in the year 2000 by Santa Clara County, alleging the lead-containing paint once made by those companies constituted a public nuisance.

Under the agreement, Sherwin-Williams and ConAgra promised to backstop up to...

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