Brief: Nl Industries Says U.S. Court Approves Global Settlement Agreement

NLI Holdings

26/07/2019 21:51

July 27 (Reuters) - NL Industries Inc  NL.N :
    * NL INDUSTRIES- ON JULY 24 U.S. COURT SIGNED AN ORDER &
JUDGMENT
APPROVING A GLOBAL SETTLEMENT AGREEMENT
    * GLOBAL SETTLEMENT AGREEMENT PROVIDES THAT AGGREGATE $305
MILLION
WILL BE PAID COLLECTIVELY BY 3 CO-DEFENDANTS IN FULL
SATISFACTION OF ALL CLAIMS
    * UNDER TERMS, EACH DEFENDANT MUST PAY AN AGGREGATE $101.7
MILLION
TO PLAINTIFFS - SEC FILING
    * GLOBAL SETTLEMENT AGREEMENT WAS ENTERED INTO AMONG ALL OF
PLAINTIFFS & SHERWIN WILLIAMS, CONAGRA GROCERY PRODUCTS AND
REGISTRANT

Source: (http://bit.ly/2MhlhFe)
Further company coverage:  NL.N 

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