Logging firm to pay record $122.5M over wildfire

Posted by MSNBC: None Given on July 18th, 2012
MSNBC: Logging company Sierra Pacific Industries agreed to pay the United States $122.5 million in damages to settle a lawsuit over a 2007 wildfire that was among the most devastating in California history, the Department of Justice said on Tuesday. The settlement is the largest ever received by the United States for damages caused by a wildfire, the so-called Moonlight Fire that charred 65,000 acres in September 2007. The blaze was sparked by employees of the logging company and a contractor who......

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