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LAWSUITS NEWS & LEGAL INFORMATION

Water Contamination

Conshohocken, PA: (Oct-23-07) The Orange County Water District (OCWD) brought charges against AC Products, Inc. (ACP), a subsidiary of Quaker Chemical Corp., a leading global provider of process chemicals, chemical specialties, services, and technical expertise to a wide range of industries, over environmental litigation that stemmed from water contamination in late 2004. Records show that OCWD sued ACP and other unrelated parties seeking damages arising from the water contamination.

As part of a settlement agreement reached by the parties, Quaker stated that it will pay $2 million to resolve litigation. The company said that in the third quarter, it will take a charge of $3.3 million to cover the $2 million payment, plus it will increase its reserve for its soil and water remediation program by $1.3 million, bringing the total reserved to $2.75 million. Sources claimed that this settlement removes significant uncertainty and financial exposure for the company and recognizes the remediation work they've been doing voluntarily over the past 12 years at considerable cost to the company. [CNN NEWS: WATER CONTAMINATION]


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Published on Oct-24-07


READER COMMENTS

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My water supply is contaminated with drugs and poisons, last week, toxic chemicals came out of my kitchen sink and burned my hand, I had to go to the ER. The water company had been to my home previously and said "we are not responsible for the water that enters into your home" and then took off without taking a sample. Several times, I lost consciousness for 15-16 hours after taking a shower. The water is polluted with drugs, poisons, pathogens, bacteria, deadly viruses and god knows what else is in it but it made me dizzy, nauseated and my hands tingles and get inflamed every time I touch the water. My email is hacked, it is best if you send me a certified mail or visit me at my home between 12-3 pm.

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