AES Settles Claims That It Killed or Deformed Babies With Coal Ash

"AES Corp. settled a lawsuit accusing the power-generating company of allowing one of its units to dump coal ash on beaches in the Dominican Republic, which allegedly caused a spate of birth defects in children.

AES was slated to go to trial in state court in Delaware Monday over the birth-defect claims, but Kim Cephas, a court official, said the case had settled. The terms of the accord weren’t available.

Families of three Dominican children born without limbs, who suffered from gastrointestinal and other defects, sought about $30 million in damages. The case was the first of more than a half dozen set for trial in Delaware."

Jef Feeley and Mark Chediak report for Bloomberg April 4, 2016.

Source: Bloomberg, 04/06/2016