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$75 million to change hands in coal settlement

June 2nd, 2010 · No Comments · verdicts and settlements

In what must be some kind of record, Pennsylvania-based CONSOL Energy Inc. will pay $75 million to resolve six years of coal pollution litigation in Buchanan County Circuit Court.

The announcement comes in a CONSOL filing with the SEC this week.

The settlement follows a March adverse ruling on a summary judgment motion, according to a report in the Pittsburgh Business Times.

By Peter Vieth

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