Tens of thousands of customers of a Household International unit have been excluded from the lender’s multimillion-dollar payment to settle claims of abusive lending practices, consumer experts said Thursday. Although the settlement covers at least 300,000 Household customers nationwide, the l…

Thursday was one for the history books. The sun shone brightly on the steps of the Calhoun County Courthouse as resident of western Anniston squeezed together to hear confirmed what they already knew to be true. It was the moment they may remember as marking the wait’s end and the future&rsquo…

After years of litigation, the companies accused of contaminating local waterways, floodplains, homes and people with PCBs have agreed to pay hundreds of millions of dollars in compensation. While it’s still unknown which victims will received how much, plaintiffs’ lawyers and representa…

ANNISTON – Sylvia Curry stood outside the Calhoun County Courthouse Thursday morning and was hailed as a hero in the historic, seven-year legal battle against a corporate polluter. “I know this is not going to take the place of our health, but this will help a lot of people enjoy what li…

HOUSTON (CNI) – Monsanto’s fear of a Solutia bankruptcy and Pfizer’s offer to help establish a medical clinic rank as the key factors that prompted an historic settlement of pollution claims in Alabama, an attorney for residents told CNI Thursday. “Fear of a Solutia bankruptc…

ST. LOUIS – (Dow Jones) – A combination of past court outcomes and the involvement of a state judge and federal judge helped the parties involved in the Alabama polychlorinated biphenyls litigation reach a $600 million cash settlement. Solutia, Inc. (SOI), Monsanto Co. (MON), Pfizer, Inc…

KANSAS CITY, Mo., Aug. 21 (Reuters) – Shares of Monsanto Co. (MON) and Solutia Inc. (SOI) shot higher on Thursday as investors applauded a $675 million settlement of long-running litigation that had threatened bankruptcy for Solutia and extensive liabilities for Monsanto. Solutia shares were t…

Birmingham, Ala. (AP) – Shares in Solutia, Inc., more than tripled in value Thursday after the company settled thousands of claims over PCB pollution in Alabama, but it could be months before victims learn how much they receive under the deal. Stock in the St. Louis-based company surged $3.10 …

BIRMINGHAM, Ala. – Shares in Solutia, Inc. jumped nearly 350 percent Thursday after the company settled thousands of claims over PCB pollution in Alabama, but it could be months before victims learn how much they get under the deal. Stock in the St. Louis-based company surged $3.10 to $4.00 a …

BIRMINGHAM, Aug. 20 – Solutia, Inc. and Monsanto Co. have agreed to pay more than $700 million to settle claims by more than 20,000 Anniston, Alabama residents concerning PCB contamination, the companies’ and plaintiffs’ lawyers said today. The agreement, which will end a long-runn…