Judge increases lead-paint ruling to $1.15B

Superior Court Judge James Kleinberg has issued a final ruling ordering Sherwin-Williams (SHW), NL Industries (NL) and ConAgra Grocery Products (CAG) to pay $1.15B to replace or contain lead paint in millions of homes in California.

The verdict is $50M above Kleinberg's tentative ruling, which he made in December. ConAgra said at the time that it planned to appeal.

The case was brought by 10 city and county governments in California, whose argument was that the lead is harmful to children. The substance has been banned in residential paint since 1978.

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