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Exxon hit with $1 billion in punitive damages (access required)

By: Danny Jacobs
Published: July 1, 2011

Tags: , ,

Exxon Mobil Corp. has been hit with $1 billion in punitive damages for a 2006 gasoline leak in rural Baltimore County, Md., sources close to the litigation said Thursday.

That’s in addition to about $495 million in compensatory damage awards that were made public Wednesday.

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