JPMorgan To Pay EPA $1.3M For Superfund Cleanup

Law360, New York (July 10, 2012, 5:52 PM EDT) -- JPMorgan Chase Bank NA has agreed to pay nearly $1.3 million to preempt U.S. Environmental Protection Agency administrative proceedings over a polluted Superfund site in West Virginia, according to an EPA notice Tuesday.

The agency submitted a notice of a proposed settlement agreement with the banking giant to settle the proceeding under the Comprehensive Environmental Response, Compensation and Liability Act over the agency's efforts to remediate arsenic pollution at the Browning Lumber Co. site in Bald Knob, W. Va. The proposed settlement agreement would resolve the...
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