ENVIRONMENT
02/27/2015 09:50 am ET

Exxon Mobil Settles With New Jersey Over Environmental Damage

A long-fought legal battle to recover $8.9 billion in damages from Exxon Mobil Corporation for the contamination and loss of use of more than 1,500 acres of wetlands, marshes, meadows and waters in New Jersey has been quietly settled by the state for around $250 million.

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