Anadarko Petroleum's $5.15B pollution settlement approved by judge

|About: Anadarko Petroleum Corporation (APC)|By:, SA News Editor

Anadarko Petroleum’s (APC +1.2%) $5.15B settlement to pay for pollution cleanup across the U.S. is approved by a bankruptcy judge over objections from people who say their illnesses won’t be properly compensated.

The judge is sending his recommendation to a district court, where the settlement also needs to be reviewed; he says the money should be enough for claimants in Columbus, Miss., who had objected to the deal.