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Article

3 Oct 2011

Author:
Divya Sharma, Reuters

Dole settles lawsuits filed by farm workers

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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