Exxon Hit With $1.5B Verdict In Gas Leak Suit

Law360, New York (July 1, 2011, 11:58 AM EDT) -- A Maryland jury on Friday reportedly ordered Exxon Mobil Corp. to pay $1.5 billion to more than 150 families and businesses in Jacksonville, Md., that allegedly suffered personal and financial harm following an underground gasoline leak in 2006.

Jurors in the Circuit Court for Baltimore County awarded the plaintiffs more than $1 billion in punitive damages, on top of a $495 million compensatory damages award for claims of medical monitoring expenses, emotional distress and lost property value resulting from the leak, according to the Baltimore Sun....
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