Exhibit 99.1 |
June 14, 2006 |
VULCAN REPORTS JURY VERDICT |
Birmingham, Ala - Vulcan Materials Company (NYSE:VMC) reported today that a state court jury in San Francisco, California returned a compensatory damages verdict totaling $3.1 million against six defendants including Vulcan on June 9 and yesterday returned punitive damages of $100 million against the Company. Punitive damages were also assessed against two other defendants. The case relates to allegations by the City of Modesto, California of groundwater contamination from a dry cleaning compound, perchloroethylene, produced by several manufacturers, including the Company's former chemicals business unit, which was sold in June 2005. |
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8-K Filing
Legacy Vulcan Inactive 8-KVulcan Reports Jury Verdict
Filed: 14 Jun 06, 12:00am