Nuverra Responds to Texas Jury Award of $181M Against Subsidiary Heckmann Water Resources

Loading...
Loading...
Nuverra Environmental Solutions
NES
responded to the District Court of Dimmitt County, Texas jury verdict against its operating subsidiary Heckmann Water Resources (CVR), Inc. in a wrongful death case involving a vehicle accident. The jury awarded $181 million in compensatory damages and $100 million in punitive damages. The accident occurred in May 2012 and involved a Heckmann Water Resources (CVR), Inc. truck and one other vehicle. No citations were issued against the subsidiary or its employees. "We are disappointed by the actions of this Texas state court jury but remain confident
See full press release
Market News and Data brought to you by Benzinga APIs
Posted In: NewsGuidanceLegalManagementGlobal
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...