W. Va. Chemical Spill Suit Nets $151M Class Settlement

By Suevon Lee (October 31, 2016, 9:14 PM EDT) -- A West Virginia federal judge gave preliminary approval Monday to a $151 million settlement reached by West Virginia American Water Co. and Eastman Chemical Co. to settle class claims resulting from a 2014 coal-processing chemical spill that deprived 300,000 people of drinking water for days.

While Eastman said last week it had reached a deal with the class, terms of the settlement were not disclosed until Monday in court records and by attorneys.

American Water Works subsidiary West Virginia American Water Co. will pay $126 million while Eastman will pay $25 million, according to class counsel Kevin Thompson of Thompson Barney....

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