$50 million lawsuit settlement News

A federal judge has approved a historic settlement agreement between Taiwan-based plastics manufacturer Formosa and an environmental activist represented by indigent legal services nonprofit Texas Rio Grande Legal Aid. TRLA said the $50 million settlement is the largest in U.S. …

Petrochemical manufacturer Formosa Plastics has agreed to pay $50 million to settle a lawsuit in which a judge ruled the company illegally dumped billions of plastic pellets and other pollutants into Lavaca Bay and other waterways, according to the settlement. …