Flint residents sue investment banks over water crisis

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Residents of Flint, Michigan, have filed a civil lawsuit against three investment banks for claims arising from the poisoning of 'minors, residents and water users of the City of Flint...'

New York Residents of Flint, Michigan, have filed a civil lawsuit against three investment banks for claims arising from the poisoning of"minors, residents and water users of the City of Flint during the period when Flint utilized the Flint River as a primary water source without implementing proper corrosion controls," according to a complaint in federal court.

Prior lawsuits regarding the Flint water crisis have been ongoing for years against various government officials and environmental engineering companies that were involved in the decision to switch the water source in Flint.This complaint alleges JPMorgan Chase , Wells Fargo and Stifel, Nicolaus & Company in 2014"underwrote the bond sale that financed and enabled Flint's participation in the Karegnondi Water Authority" pipeline.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Go lay down sick Covid man on steroids and platelets frm other ppl keeping you alive . Enjoy these few moments at home with loved ones aka (staffers). 🍊

Flint deserves clean water. Come on man.

How do you sue investment banks instead of the city government that made the decisions that caused this, and the government agencies that have squandered the relief money?

Nigerians need you ,Youth life’s are at risk ,our Government don’t want a future for us Nigeria We were given not so standard education ,and still yet never wanting us too suceed or live a better life EndSarznow EndSARSImmediately EndSARSProtest

All of those having anything to do with the poisoning of those innocent people need to be charged snd locked away something as simple as adding one chemical could have prevented this travesty.

Lawsuit is bull manure. Simply lawyers looking for a Payday from liability insurers. Case should be dismissed immediately.

Can't wait to hear how this turns out in 2-4 years, if the people of Flint last that long.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to get an entry-level job in investment banking - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. BS
Source: BusinessInsider - 🏆 729. / 51 Read more »