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OAKLAND: After a 19-year legal struggle, three former makers of lead paint have agreed to a $305 million settlement with California county and city governments to mitigate poisoning dangers still present in old housing.
Under the deal, disclosed in a filing in Santa Clara County SC on Wednesday, defendants Sherwin-Williams , Conagra Brands Inc and NL Industries agreed to pay out the sum over six years, starting with a $75 million payment this year. Most of the money will go toward a remediation programme to eliminate lead paint hazards in older homes across the 10 jurisdictions that participated in the suit. (REUTERS)
Under the deal, disclosed in a filing in Santa Clara County SC on Wednesday, defendants Sherwin-Williams , Conagra Brands Inc and NL Industries agreed to pay out the sum over six years, starting with a $75 million payment this year. Most of the money will go toward a remediation programme to eliminate lead paint hazards in older homes across the 10 jurisdictions that participated in the suit. (REUTERS)
