Investor Presentaiton
20
CALIFORNIA PROPOSITION 65:
ENFORCEMENT (CONTINUED)
ATTORNEY GENERAL'S NEW REGULATORY AMENDMENTS:
Adopted August 2016 to curb perceived litigation and settlement abuses
by bounty hunters.
• Civil penalties may not be traded for payment of attorney's fees or create
new requirements when settlement terms waive civil penalties due to
defendant's conduct.
• Plaintiffs must demonstrate that any "Additional Settlement Payments"
made to Plaintiffs or Third Party as offset to civil penalties are in the public.
interest.
•
Requires showing "significant" public benefits derived from settlement.
Requires public benefits established by product reformulation, including
demonstrable reduction in exposure in lieu of warning.View entire presentation