Practices


Monsanto and Solutia sign $700 million settlement

August 22, 2003 - PCBs: Monsanto Co. and Solutia, Inc. sign an agreement that could cost more than $700 million to settle two lawsuits accusing the companies of polluting the town of Anniston, Alabama, with... Read More


Solutia will pay chemical pollution claims in Anniston

August 22, 2003 - BIRMINGHAM – 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... Read More


PCB settlement praised

August 22, 2003 - 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... Read More


How will the PCB money be divided

August 22, 2003 - 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... Read More


Solutia bankruptcy threat,Pfizer clinic sealed PCB deal

August 21, 2003 - 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... Read More


Judges’ Involvement Helpes Parties Reach PCB Settlement

August 21, 2003 - 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... Read More


Monsanto, Solutia shares soar on settlement

August 21, 2003 - 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... Read More


Solutia stock surges on PCB settlement

August 21, 2003 - 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... Read More


Solutia, Monsanto Settle Case: Contamination Suit Wins Alabama Residents $700 Million

August 21, 2003 - 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... Read More


Monsanto, Solutia Settle PCB Claims, Ala. Residents to Get $600 Million for Decades of Toxic Dumping

August 21, 2003 - 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... Read More


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