Oil Companies Pay $7.5 Million to Settle Class Action Lawsuit Over Allegations That Wells Caused Earthquakes

Several oil companies agreed to pay $7.5 million as part of a settlement to resolve claims that their wastewater wells caused earthquakes in Oklahoma.

The settlement benefits individuals, municipalities, county governments or tribal governments who owned property in Oklahoma since April 16, 2013, and whose properties suffered damage from earthquakes, foreshocks and aftershocks.

According to the plaintiffs in the class action lawsuit, numerous oil companies improperly disposed of wastewater in disposal wells in Oklahoma. These wells allegedly caused earthquakes, including a 5.8 magnitude earthquake near Pawnee, Oklahoma on Sept. 3, 2016 and a 5.0 magnitude earthquake near Cushing, Oklahoma on Nov. 6, 2016.

Read the source article at topclassactions.com