Go Symbol Lookup
Loading...

Stocks Rebound to Close Modestly Lower; HP Surges 17%

New York State Sues Exxon over Brooklyn Spill

 Text Size  
Published: Tuesday, 17 Jul 2007 | 4:01 PM ET
By: Reuters
Andrew Cuomo

New York State Attorney General Andrew Cuomo filed a lawsuit against ExxonMobil to force the cleanup of a decades-old oil spill in New York City.

The suit concerns a 17-million gallon leak that was discovered in 1978 in Newtown Creek, the waterway that separates the boroughs of Queens and Brooklyn. It has formed an underground contamination over 55-acres of the Greenpoint section of Brooklyn, Cuomo said.

Cuomo said in a statement that besides the cleanup, he is asking Exxon to restore the creek and is seeking substantial financial penalties and damages for the injuries to financial resources.

The attorney general filed a notice of intent to sue the company in February.

 Print
New York State Attorney General Andrew Cuomo filed a lawsuit against ExxonMobil to force the cleanup of a decades-old oil spill in New York City.
  Price   Change %Change
XOM ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

U.S. Video

  • CNBC's Bob Pisani and Art Cashin, of UBS, discuss the day's market activity. When investors saw a sea of red around the globe, they thought Bernanke's testimony had hit the markets. But when they realized there were two separate events, including China data and the Japanese selloff, the "buy the dippers" came back in, he says.

  • Japan suffered its worst 1-day loss in more than 2 years, but the Nikkei is still up about 40 percent this year. Walter Zimmerman, United-ICAP says this type of drop could occur in the U.S., while Darren Wolfberg, BNP Paribas, doesn't think so.

  • As part of the government's ongoing insider trading investigation into SAC Capital, three senior executives have been subpoenaed, reports CNBC's Mary Thompson.