Baron & Budd Obtains $312.5 Million Settlement with BASF Corporation in PFAS Water Contamination Litigation
Today, Baron & Budd announced a $312.5 million settlement agreement has been reached with BASF Corporation resolving PFAS-related drinking water contamination claims.
- Today, Baron & Budd announced a $312.5 million settlement agreement has been reached with BASF Corporation resolving PFAS-related drinking water contamination claims.
- The settlement, part of the nationwide Aqueous Film-Forming Foam (AFFF) Products Liability Litigation (MDL 2873), will provide critical funding to public water systems throughout the country that have detected PFAS in their water supplies.
- This agreement comes after the Environmental Protection Agency (EPA) recently announced stringent federal drinking water standards that regulate PFAS levels in public water supplies and designated PFOA and PFOS as “hazardous substances” under federal law.
- “This settlement is another significant advance in our critical mission to ensure safer drinking water for Americans,” said Leader of the Environmental Litigation Group at Baron & Budd and co-lead in the MDL, Scott Summy .