Market Overview

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

Share:

Nuverra Environmental Solutions (NYSE: 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 in the judicial system at both the trial court and appellate court levels," said Mark Johnsrud, Chief Executive Officer.

See full press release

Posted-In: News Guidance Legal Management Global

 

Related Articles (NES)

View Comments and Join the Discussion!