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Dole settles lawsuits filed by farm workers

Author: Divya Sharma, Reuters, Published on: 3 October 2011

Dole...said it has settled lawsuits filed by farm workers claiming injuries from the agricultural chemical DBCP. The settlement will not have a material effect on Dole's financial condition, results of operations or cash flows, the company said in a statement. Dole said the settlement included five lawsuits filed on behalf of farm workers in the United States and 33 lawsuits filed in Nicaragua. The 33 Nicaraguan cases represent about $9 billion in claimed damages and, in seven of those cases, two judgments totaling $907.5 million, the company said.

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