Saturday, January 28, 2012

Lawsuits Settled in Coal Mine Disaster

Comment:  Mining regulations did not work here because greed was in the way, killed 29 people!
 
JANUARY 11, 2012.
BY KRIS MAHER

Alpha Natural Resources Inc. has settled all remaining wrongful-death lawsuits with the families of coal miners killed in a 2010 explosion that was the worst U.S. mining accident in four decades.

Alpha inherited the civil suits when it acquired Massey Energy for $7.1 billion last June, more than a year after an explosion at Massey's Upper Big Branch mine in West Virginia killed 29 miners.

Read more:
http://online.wsj.com/article/SB10001424052970203436904577153243724812170.html