Seeking Alpha

A federal appeals court today upheld a jury’s $105M damage award against Exxon Mobil (XOM)...

A federal appeals court today upheld a jury’s $105M damage award against Exxon Mobil (XOM) for contaminating NYC wells with the gasoline additive MTBE. The award for compensatory damages to clean up contaminated wells was proper, the court said in its ruling, denying XOM’s challenge to the 2009 verdict. XOM says it will appeal to the U.S. Supreme Court.
From other sites
Comments (4)
  • FatRat2
    , contributor
    Comments (12) | Send Message
    Exxon-Mobil makes $105M in 1 hour. What are they complaining about?


    Another reason to stop going to Exxon-Mobil for gas.


    ARCO is just fine for me.
    27 Jul 2013, 04:29 AM Reply Like
  • wam350
    , contributor
    Comments (133) | Send Message
    Keep in mind Exxon-Mobil is not the complaint. When was the last time you gave up an hour pay because someone though you did wrong? If you did, there would be a long line waiting for their hand-out. The courts are there to settle these disputes.
    27 Jul 2013, 07:54 AM Reply Like
  • tomlos
    , contributor
    Comments (1240) | Send Message
    key word here is "hand out".
    27 Jul 2013, 08:10 AM Reply Like
  • raylee01
    , contributor
    Comments (3) | Send Message
    It is wrong to sue companies for following the directive of Congress to add an oxygenate like MTBE to gasoline, when Congress and the EPA expected and intended MTBE to be used to fulfill that mandate.
    Its time to show the group of interprising trial lawyers that there time is better ways to spend their 400.00 per hour time.
    27 Jul 2013, 02:33 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs