Phillips 66 Is Accused of Violating the Clean Water Act
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Phillips 66 has been indicted for allegedly violating the Clean Water Act by dumping 800,000 gallons of contaminated wastewater into the Los Angeles County sewer system.
November 22, 2024 | 12:30 am
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Phillips 66 is facing legal challenges due to allegations of violating the Clean Water Act by dumping contaminated wastewater. This could lead to potential fines and regulatory scrutiny.
The indictment for violating the Clean Water Act is a significant legal issue for Phillips 66. Such allegations can lead to substantial fines and increased regulatory scrutiny, which may negatively impact the company's stock price in the short term.
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