True account of a Company (Dupont) that knowingly poisoned people for profit…truly Evil and now 3M will face court for the same thing this June in the USA – Mick Raven
A corporate defense attorney takes on an environmental lawsuit against a chemical company that exposes a lengthy history of pollution.
Dark Waters (2019 film) – Wikipedia
Economic impact
The DowDuPont breakup earlier in the year spun off a new DuPont company that continued to lose value throughout the second half of 2019 as investors grew concerned about the potential liabilities related to the old DuPont’s fluoropolymer products.
When Dark Waters was released on November 12, DuPont’s stock price dropped even further by 7.15 points from 72.18 to 65.03. While the portfolio is now a part of Chemours and the companies settled the public health lawsuits referenced in the film, Chemours sued DuPont, alleging that the former parent company saddled it with onerous liabilities when it failed to prepare financial projections in good faith.
Chemours estimated that it would need to pay over $200 million to address environmental damages in North Carolina caused by another PFAS manufacturing facility in that region. (The prior settlement in both West Virginia and Ohio cost $671 million, which was split between the two companies.)
DuPont CEO Marc Doyle, executives, and investors argued in internal statements that much of the movie was not based in fact and DuPont was misconstrued to fit the role of the enemy. According to Doyle, limited public statements were made because “in a situation like this, it just doesn’t do you much good to fight it out in the public eye. That would just drive more and more attention to it.”
Executive chairman Ed Breen would not comment on whether DuPont would take legal action in response to the movie, but he did tell investors, “Obviously, we have a lot of legal folks [that] have been looking at this.”Many of the executives with whom this movie draws fault still work, or recently worked, at DuPont.
3M saw little to no change in its stock price the day of the film’s release, but it was already experiencing a “difficult year” from “potential liabilities due to possible litigation over previous production of PFAS.” 3M’s stock price closed at 256.01 on January 28, 2018, and by December 1, 2019, it had fallen to 168.27.
Dark Waters and the True Story of Lawyer Rob Bilott
Rob Bilott, a corporate lawyer-turned-environmental crusader, doesn’t much care if he’s made enemies over the years. “I’ve been dealing with this for almost three decades,” he says. “I can’t really worry about if the people on the other side like me or not.”
Bilott as a lawyer who defends large chemical companies before he is approached for help in 1998 by Wilbur Tennant (Bill Camp), a West Virginia farmer whose land was contaminated by chemical giant DuPont. Inflamed by that injustice, and the complicity of local authorities, the lawyer risks his career as he embarks on a decades-long legal siege of one of America’s most powerful corporations.
He works, at first, on Tennant’s behalf, then pursues a class action suit representing around 70,000 people living near a chemical plant that allegedly contaminated drinking water with PFOA, a toxic chemical used in the production of Teflon. In recent years, studies have correlated long-term exposure to PFOA with a number of illnesses, including some types of cancer.
In 2017, Bilott won a $671 million settlement on behalf of more than 3,500 plaintiffs. Those people claimed they had contracted diseases, among them kidney cancer and testicular cancer, from chemicals DuPont allegedly knew may have been dangerous for decades, and allowed to contaminate their drinking water anyway.
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