8-KItem 1.01 · Material AgreementItem 7.01 · Reg FD DisclosureItem 9.01 · Financial Statements
DuPont, Chemours and Corteva Settle North Carolina PFAS Claims for $455 Million
Filed with the SEC on · Summarized by InvestorsBot
DuPont, Chemours and Corteva agreed to pay North Carolina and 11 local entities $455 million over 15 years to resolve PFAS-related claims tied to the Fayetteville Works facility and other contamination, including some claims involving AFFF. DuPont recorded an approximately $125 million pre-tax loss in the second quarter, with its share’s present value estimated at about $126 million and 44% subject to reimbursement by Qnity Electronics; the settlement remains subject to court orders dismissing the covered claims.