By Josh Beckerman 

A jury awarded $500,000 in punitive damages to an Ohio man who won a suit against DuPont Co. earlier this week after alleging that he got testicular cancer from the company's C8 chemical.

The suit is one of about 3,500 alleging a link between illnesses and the Wilmington, Del., chemical company's discharging of C8 into the Ohio River.

On Wednesday, the jury awarded plaintiff David Freeman $5.1 million in compensatory damages.

DuPont is appealing the awards. The company maintains there were only small amounts of C8 in drinking water and has said it worked closely with regulators to develop replacement materials.

The chemical company and other large C8 manufacturers or users agreed in 2006 to phase out its production and use by December 2015.

DuPont has said that Chemours Co., which DuPont spun off last year, agreed to indemnify DuPont in the lawsuits over C8, which was used to produce Teflon and is also known as PFOA.

After Wednesday's verdict and again on Friday, Chemours noted that DuPont is the named defendant and is directly liable, and said "in the event DuPont claims that it is entitled to indemnification from Chemours as to some or all of the judgment, Chemours retains its defenses to such claims."

Still, Chemours shares rose 17% to $7.68 on Friday, while DuPont rose 3% to $63.69, suggesting some investors had expected the award for punitive damages would be larger.

Mr. Freeman's case was one of six bellwether trials expected to determine how DuPont should proceed in the other C8 cases.

DuPont is appealing a $1.6 million October verdict in one of the other suits. One case was withdrawn by plaintiffs and the remaining three were settled for amounts that were immaterial to DuPont, the company said Friday.

Of the approximately 3,500 suits, less than 10% allege claims of cancer, the company said.

The Chemours spinoff was part of DuPont's effort to move away from lower growth commodity businesses. In December, Dow Chemical Co. and DuPont agreed to merge.

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

July 08, 2016 17:40 ET (21:40 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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