Sunday, August 21, 2005

Cosmed Settlement

DOJ and EPA have entered into a settlement (subject to 30 day public comment and court approval) with Cosmed-Group, Inc. for environmental violations. The DOJ press release states that the settlement reached is for Clean Air Act violations and

"[u]nder the consent decree, . . . Cosmed will pay a $500,000 civil penalty and spend an additional $1 million to perform supplemental environmental projects that will improve air quality in urban areas. Cosmed also will complete environmental audits at all eight of its current and former facilities, and establish an environmental management system that will help ensure that the company fully complies with environmental regulations in the future at its three remaining facilities."

A Copy of the Complaint can be found here.

A copy of the consent decree can be found here.

http://lawprofessors.typepad.com/whitecollarcrime_blog/2005/08/cosmed_settleme.html

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