litigation
confidence high
sentiment neutral
materiality 0.20
Middlesex Water settles litigation with 3M; terms confidential, no material financial impact
MIDDLESEX WATER CO
- Settlement Agreement entered on Aug 29, 2023 with 3M Company regarding previously reported litigation.
- Terms of the Agreement are confidential at this time.
- Any financial benefit will be used to mitigate future customer rates, not expected to materially affect net assets or results.
- Agreement does not have a material effect on the Company's financial position or operations.