April 6, 2015
Details of Exxon Mobil's $225M settlement in New Jersey go public
The details of Exxon Mobil Corp’s unprecedented $225 million settlement with New Jersey were posted Monday on the state’s website.
Irving-based Exxon (NYSE: XOM) will pay that money to the state in addition to the cost needed to remediate environmental damages from refineries in Bayonne and Linden.
It’s the second-largest payout in U.S. history, second only to the Exxon-Valdez spill payout in Alaska.
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“Under this settlement, ExxonMobil’s…