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…

Monsanto Co., and its former chemicals unit, Solutia, Inc., have agreed to pay $600 million in cash to settle claims brought by thousands of Anniston, Alabama residents over the dumping of toxic PCBs in the area until the 1970s, the companies said yesterday. The settlement concludes lengthy litigati…

BIRMINGHAM, Ala., Aug.21 (UPI) – A $600 million settlement ahs been reached in two 30-yearld cases involving contamination claims of 20,000 Alabama residents. The claims were filed long ago by residents of Anniston against three once-related companies: Solutia, Inc., Monsanto Co. and Pharmacia…

Aug. 20 (Bloomberg) – Monsanto Co., Solutia, Inc. and Pfizer, Inc. will pay more than $700 million to settle Alabama lawsuits that allege Monsanto dumped toxic chemicals three decades ago. David Shelby, an attorney for the plaintiffs, said the threatened bankruptcy helped spur the settlement, …

BIRMINGHAM – Solutia, Inc. and Monsanto, Co. have agreed to pay $700 million to settle claims by more than 20,000 Anniston residents over PCB contamination, plaintiff’s attorneys said Wednesday. The agreement, which will end a long-running trial in state court over decades –old pol…

“It’s just not good enough.” That’s what many consumers around the country say about the whopping $484 million settlement reached between Illinois-based Household International and the attorneys general in all 50 states to settle several pending lawsuits involving alleged pre…