All data is delayed
Loading...
See More

Shell, BASF in $26m lawsuit deal

Feb 15 2013 18:06
AFP

Sao Paulo - Brazil's top labour court says Shell Brasil SA and BASF SA have offered more than $20m to settle a class-action lawsuit with former workers allegedly contaminated at a pesticide plant in the state of Sao Paulo.

The court says on its website on Friday that the two companies have offered to provide 884 workers with lifelong health plans with a "global value" of 52m reals ($26m).

The court says representatives of the two companies and workers will meet again at the end of a month to discuss the proposal.

The plant was first owned by Shell and later by BASF.

Shell spokesperson Glauco Paiva confirmed the offer of a lifelong health plan but said "for now we prefer not to mention any numbers." BASF also confirmed the offer.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

shell  |  basf  |  brazil  |  oil and gas

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Myths that funding and red tape are the two biggest challenges faced by emerging companies and entrepreneurs, have been debunked by a report.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Sarb’s possible intervention in the markets to stem the rand’s fall is:

Previous results · Suggest a vote

Loading...