The much awaited verdict is in in the lead paint case of The City of Milwaukee vs NL Industries (NYSE:NL).
The jury said that lead paint in and of itself was a public nuisance, BUT NL was NOT responsible for the problems it is causing. This makes four victories now in the last two weeks for lead paint defendants.
On Questions two and three -
• Did NL Industries intentionally and unreasonably engage in conduct that was a cause of the public nuisance? and,
• Did NL Industries negligently engage in conduct that was a cause of the public nuisance?
- the jury voted NO.
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NL 1-yr chart: