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Louisiana parish drops lawsuits against oil, gas companies over alleged environmental damage

2015-11-13 02:20:17| Oil & Gas - Topix.net

A coastal Louisiana parish on Thursday voted to drop its lawsuits against oil and gas companies over damages officials had said the oil industry caused to wetlands by digging numerous canals. The Plaquemines Parish council voted to dismiss 21 suits it had pending against 68 oil companies, officials and a lawyer said.

Tags: companies gas oil environmental

 

Former POSCO chief indicted over alleged corruption

2015-11-11 09:24:57| Steel - Topix.net

Prosecutors said Wednesday they have indicted the former chief of the country's top steelmaker POSCO over alleged bribery and breach of trust which cost the company more than a hundred billion won in losses. Chung Joon-yang is suspected of providing kickbacks to Lee Sang-deuk, the elder brother of former President Lee Myung-bak, to solve one of the company's key problems - a height limitation on its factory buildings, the Seoul Central District Prosecutors' Office said in a press briefing.

Tags: chief alleged corruption indicted

 
 

NY Attorney General is investigating Exxon-Mobil over its alleged climate-change deceptions

2015-11-05 23:10:01| Chemicals - Topix.net

According to people with knowledge of the investigation, Attorney General Eric T. Schneiderman issued a subpoena Wednesday evening to Exxon Mobil, demanding extensive financial records, emails and other documents. The focus includes the company's activities dating to the late 1970s, including a period of at least a decade when Exxon Mobil funded groups that sought to undermine climate science.

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Ex-Porsche CEO, CFO on trial for alleged market manipulation

2015-10-22 12:36:34| Automakers - Topix.net

The former CEO and CFO of Porsche have gone on trial in Stuttgart on market manipulation charges related to the sports car maker's failed attempt to take over Volkswagen AG in 2009. Prosecutors accuse ex-CEO Wendelin Wiedeking and former CFO Holger Haerter of making misleading statements about the company's intentions before it moved to build up its stake in the much larger Volkswagen.

Tags: market trial ceo alleged

 

U.S. lawsuits build against Monsanto over alleged Roundup cancer link

2015-10-15 22:50:46| Chemicals - Topix.net

Personal injury law firms around the United States are lining up plaintiffs for what they say could be "mass tort" actions against agrichemical giant Monsanto Co that claim the company's Roundup herbicide has caused cancer in farm workers and others exposed to the chemical. The lawsuit is similar to others filed last month in New York and California accusing Monsanto of long knowing that the main ingredient in Roundup, glyphosate, was hazardous to human health.

Tags: link build cancer alleged

 

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