Sunoco Pays $2.2M To End Tank Leak Payment Row

Law360, New York (April 9, 2012, 3:03 PM EDT) -- Sunoco Inc. will pay the state of Massachusetts $2.2 million to settle state False Claims Act allegations that the company sought payments for hazardous waste cleanup at its gas stations at the same time it sought reimbursement from its insurers, state authorities said Monday.

Sunoco will pay $1.23 million to the state's general fund and $970,000 to the Massachusetts Underground Storage Tank Petroleum Product Cleanup Fund, which was established to expedite the cleanup of environmentally dangerous leaks from underground fuel storage tanks, commonly found at gas...
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.