
Last year's nationwide salmonella outbreak was traced to Peanut Corp.'s plants in Georgia and Texas. (Photo courtesy of: Steven Depolo)
The money comes from an insurance policy that Lynchburg, Va.-based Peanut Corp. of America had with Hartford Financial Services Group Inc. The settlement could be doled out to more than 100 victims or their survivors who filed a claim.
The outbreak was traced to the company's plants in Georgia and Texas. It sickened about 700 people and was linked to at least nine deaths. Peanut Corp. has since filed for bankruptcy and authorities launched a criminal investigation.
Other lawsuits are still pending.