Thursday, February 16, 2006

Dow & Rockwell Silent on Loss of largest Environmental Class Action Lawsuit in Colorado History

Dow (NYSE:DOW) and Rockwell (NYSE:COL) lose the largest environmental class action lawsuit in Colorado history and remain silent. The two corporate giants are now both on the hook for a cool $500 million. The plaintiff issued their press release yesterday mid afternoon. Dow and Rockwell are still silent. $500 million settlements must still fall under Reg FD. (If only to say that you will appeal in some manner.)