Ford, Others Settle NJ Toxic Waste Case

Law360, New York (September 8, 2009, 3:19 PM EDT) -- Ford Motor Co. and two co-defendants have agreed to settle a lawsuit over dumped toxic waste in northern New Jersey that allegedly caused cancer and other serious illnesses.

Judge Brian R. Martinotti of the state Superior Court in Passaic County announced the settlement Thursday at a hearing. The terms of the deal were confidential, but The Record reported that roughly $10 million would change hands.

The money will be split between more than 600 plaintiffs, who are all current or former residents of Ringwood, N.J., and...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.