Qualcomm Securities Litigation
New Indy Catawba LLC and New Indy Containerboard LLC are involved in a significant class action settlement, which addresses allegations of environmental contamination stemming from their operations at a pulp and paper mill located in Catawba, South Carolina. The proposed settlement amount of $1.8 billion is intended to compensate affected residents who lived in proximity to the plant during a specified period for alleged damages related to emissions from the mill.
The defendants, while denying the allegations against them, have opted to settle the case to bring closure and resolve uncertainties linked to the litigation. In addition to the class action settlement, separate resolutions have been established in other legal matters involving these companies to implement measures aimed at reducing harmful emissions and preventing environmental degradation.
Generated from the website



