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Massey Energy Settles Lawsuit Over Miner’s Death For $2.1 Million

Massey Energy has settled a lawsuit filed by the family of a contract worker killed at one of the company’s West Virginia coalmines. Massey Energy Company, headquartered in Richmond, Virginia, with operations in West Virginia, Kentucky and Virginia, is the largest coal producer in Central Appalachia and is included in the S&P 500 Index.

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Massey paid the family of Steven Cain $2.1 million. Cain died in an accident at Massey’s Justice No. 1 mine in October 2008.  Federal inspectors found that Cain had “little mining experience” and “minimal training,” and criticized Massey for overloading the supply cars. Virginia-based Massey owns the Upper Big Branch mine in Raleigh County, where 29 men died and two were injured in an April 5 explosion. The blast is the subject of civil and criminal investigations.

“Massey Energy extends its deepest condolences to the families who lost loved ones at Upper Big Branch.” This was the message posted by Massey Energy on its website. “Massey will continue its efforts to investigate the accident and update the families.”

Here is a video of an interview of Massey Energy CEO with Fox Business. (Courtesy of YouTube.com)

 

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