Alcoa, Reynolds Agree To Pay $19M Over NY River Pollution

Law360, New York (March 27, 2013, 2:37 PM EDT) -- The U.S. on Wednesday announced a $19 million settlement with Alcoa Inc. and Reynolds Metals Co. to end a New York suit accusing the companies of dumping hazardous substances into the St. Lawrence River over the last century.

The bulk of the settlement funds will be combined with nearly $2 million obtained in a 2011 General Motors bankruptcy settlement over pollution from the company’s foundry on the river, resulting in a total of $20.3 million that will go toward restoration efforts, the government said.

The U.S.,...
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