fair-housing

Court throws out $240M award from smelter lawsuit

(ST. LOUIS, AP) — A state appeals court has thrown out $240 million in punitive damages awarded to 16 eastern Missouri residents who sued over health problems from the Herculaneum lead smelter.

A jury awarded the damages against former smelter owners Fluor Corporation, A.T. Massey Coal and Doe Run Investment Holding Co after a three-month trial in 2011.

The St. Louis Post-Dispatch (bit.ly/1pgOoWj) reports that the Missouri Court of Appeals’ Eastern District ruled Tuesday that an error in jury instructions requires fresh consideration off Fluor’s portion of the damages award. The jury awarded a total of $320 million in punitive damages and another $38 million in compensatory damages

Those awards came on top of a confidential settlement reached before the trial with the smelter’s current owners, Doe Run Resources Corp.

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Information from: St. Louis Post-Dispatch, http://www.stltoday.com

Posted by on June 18, 2014. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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