Judge OKs Foster Wheeler's $1.64M Settlement

Law360, New York (December 18, 2007, 12:00 AM EST) -- A judge has signed off on a settlement agreement that allows Foster Wheeler Energy Corp. to settle litigation from residents who live near a former company plant for about $1.6 million.

Judge A. Richard Caputo of the U.S. District Court for the Middle District of Pennsylvania said in a ruling Friday that the settlement agreement was fair, especially considering the difficulty the plaintiffs would likely have in proving their case.

The suit was brought against Foster Wheeler by those who lived near a plant the company...
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