Post Tagged with: "class action"

Source: NTSB

Company Responsible for Last Year’s Merrimack Valley Gas Explosions Settles Lawsuit for $143 Million

By Tyler Losier, Energy Reporter, Oil & Gas 360 Columbia Gas and parent company NiSource will allocate a total of $1 billion to address the needs of affected communities Columbia Gas of Massachusetts, in conjunction with its parent company NiSource (stock ticker: NI), has reached a $143 million settlement in relation to last September’s Merrimack Valley natural gas explosion that led to the death of one person and injured more than two dozen others. Additionally, the two companies will be allocating approximately $1 billion in total funds, dedicated to “addressing the needs of affected customers, residents and communities.” The $143 million class action settlement will be included as part of the aforementioned $1 billion pack… Login or click here to subscribe Username or E-mail Password Remember Me     Forgot Password