La. Plaintiffs Reach Agreement to Settle All Remaining Benzene Claims; Third-Party Defendant Moves to Dismiss

NEW ORLEANS –– The remaining parties, including The Dow Chemical Co. (NYSE:DOW), in a benzene action have reached a settlement agreement, according to a Feb. 6 letter written by the plaintiffs to the U.S. District Court for the Eastern District of Louisiana.

On the same day, two third-party defendants that were brought into the lawsuit by The Dow Chemical Co. moved to dismiss the claims asserted against them, contending that they are not contractually obligated to indemnify Dow Chemical.

The suit, filed by Betty Ventress, says her late husband Ernest's work as a contract laborer led him to perform …