Dole Food Company DOLE today announced the termination of
38 lawsuits that had been pending in the United States and Nicaragua,
including two Nicaragua judgments totaling $907.5 million, completing an
agreement that had been reached late last year. The cases had been
brought by the ProvostUmphrey Law Firm on behalf of foreign plaintiffs
claiming injuries from alleged exposure more than 30 years ago to the
agricultural chemical DBCP. The completed agreement will not have a
material effect on Dole's financial condition, results of operations or
cash flows.
"The termination of these 38 lawsuits takes Dole completely out of all
ProvostUmphrey DBCP litigation, including the two judgments pending in
the Nicaragua courts, and
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