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Seven Up/RC So. Cal Bottling Co. Reaches $1 Million Settlement with EPA

Bank Of America Investment By Staff

Terms of the settlement between Microsoft and Gateway were for Microsoft to make four equal payments totaling $150 million over four years in return for Gateway dropping the antitrust law suit. Judge Thomas Penfield Jackson had ruled that Microsoft had damaged Gateway due to its business practices.The settlement resulted from mediation between the two companies. Gateway and Microsoft are also working together on new products and plan to continue in that relationship, which had a bearing on the settlement being reached, the companies said.

Investment Opportunity (AXcess News) Los Angeles - In the largest Clean Water Act case ever taken against a soft drink bottler, the Seven-Up/RC Bottling Company of Southern California has agreed to pay more than $1 million in criminal and civil fines for industrial stormwater and wastewater violations at its soft drink bottling plants in Vernon and Buena Park, Calif.

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Banc Of America Investment Under the terms of this global settlement, which concludes three years of investigation into both Seven-Up facilities by the U.S. Attorney's Office in Los Angeles and the EPA, the Seven-Up/RC Bottling Company of Southern California will pay a $600,000 criminal penalty and a $428,250 civil penalty.

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Banking Investment This morning, attorneys for Seven-Up are scheduled to appear in United States District Court in Los Angeles to enter guilty pleas to 12 counts of violating the Clean Water Act.

They are invisible, at least, until they fail. a 1998 water main break floods collections in the basement of the Boston Public Library; sewage spills in New Orleans close lake beaches and foul the Mississippi River and, after a settlement with the federal government, are costing the city $200 million to fix. In Los Angeles, according to a separate E.P.A. report, the health of swimmers is largely a function of the distance they keep from storm sewer outflows.

Investment Solution Strategic "Today's settlement reinforces EPA's commitment to protect public health by holding Seven-Up accountable for their illegal discharges into the Los Angeles and San Gabriel Rivers," said Wayne Nastri, Regional Administrator of the Environmental Protection Agency's Pacific Southwest Region. "We will continue to protect our waters and human health and prosecute those who violate our environmental laws."

(AXcess News) Dangle a carrot and you might get a nibble, as the old saying goes and for the Environmental Protection Agency in Washington DC, that's worked real wellthrough $1 million in grants being awardedthanks to the EPA's National Clean Diesel Campaign. EPA Administrator Stephen L. Johnson announced the recipients of 10 grants totaling more than $1 million to support clean diesel projects. The value of the grants will nearly triple to $3 million, as industry partners contribute almost two dollars for every dollar of federal funds.

Investment Banking Services United States Attorney Debra Wong Yang stated: "The health of our citizens and our environment are of paramount importance. We strive to keep our waters clean and ensure that business does its part to protect the environment. I am pleased that the Seven-Up/RC Bottling Company has taken responsibility for its actions. The criminal fine paid by the company will benefit several environment programs that will benefit all citizens of Southern California."

Bank Investment Polluted runoff is the leading cause of water pollution in the Los Angeles area. Stormwater runoff can carry pollutants from industrial sources metals, oil and grease, acidic wastewater, bacteria, trash and other toxic pollutants into nearby water sources. The EPA requires industrial facilities to prevent water pollution by complying with federal and state water pollution requirements.

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