Pa. Families Win $4.24M Verdict In Cabot Fracking Trial

Law360, Philadelphia (March 10, 2016, 4:16 PM EST) -- A Pennsylvania federal jury on Thursday awarded $4.24 million to two families who said that Cabot Oil & Gas Corp.’s natural gas drilling contaminated their well water, after the conclusion of a trial that lasted over two weeks.

The verdict comes six and a half years after 44 landowners initially claimed they had suffered property damage and injuries as a result of Cabot’s fracking operations in Dimock Township in Susquehanna County.

After a series of settlements and court rulings, only two families remained left in the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.