GE Settles In $30M Radioactive Cleanup Suit

Law360, New York (June 27, 2011, 5:02 PM EDT) -- The U.S. said on Monday that GE Healthcare Inc. will pay $650,000 to settle claims brought against it as part of a larger $30 million suit aiming to collect cleanup costs for three Texas sites contaminated with radioactive waste.

GE Healthcare and two subsidiaries — GE Healthcare BioSciences Corp. and GE Healthcare Holdings Inc. — will not admit any liability, according to a consent decree between the companies and the federal government.

The federal government notified the Texas district court of the settlement on Monday but...
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