AG Neronha announced a settlement with Monsanto Company, and their affiliates, Solutia Inc. and Pharmacia LLC resolving Rhode Island’s claims against these companies for contamination from polychlorinated biphenyls (PCBs), toxic chemicals that polluted Rhode Island’s waterways and natural resources. The settlement guarantees at least $25 million to the State of Rhode Island, with a total potential value of up to $62.5 million, depending on the outcome of related indemnity litigation currently pending between the Monsanto affiliates and PCB purchasers. Funds obtained through the settlement will be dedicated to environmental restoration, remediation of contaminated waterbodies, and protection of Rhode Island’s natural resources for future generations. Settlement discussions began after this Office notified the companies of its intent to file a lawsuit to recover the costs of cleaning up the contamination and other damages.

“Today we hold Monsanto accountable for the longstanding harms we allege were caused by its production of PCBs and misleading the public about these toxic chemicals. While the production of PCBs stopped in the 1970s, their lasting effects have endangered Rhode Island’s natural resources, as well as public health. Today’s $25 million settlement will provide much needed resources to help clean up Rhode Island waters for the benefit of the greater public.” – AG Neronha