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Will Indiana Guardsmen receive compensation from KBR for toxic chemical exposure in Iraq?

Current forecast: 26% chance
Combining all predictions, the current forecast is that this is 26% likely to happen (unchanged in last 1 day)

Sixteen Indiana National Guardsmen have filed a federal lawsuit in a U.S. District Court in Indianapolis alleging that defense contractor KBR Inc. knowingly exposed them to large doses of a harmful carcinogen. The Guardsmen were protecting an Iraqi water pumping plant shortly after the U.S. invasion in 2003. KBR has issued a statement denying the allegations that they knowingly exposed the guardsmen to chromium dichromate at a water pump plant they were protecting. Several of the guardsmen have suffered illnesses concurrent with such exposure.

KBR (formerly Kellogg Brown & Root) was a subsidiary of Houston-based Halliburton (formerly headed by Vice President Cheney) until the companies split late last year and remains one of the largest defense contractors in Iraq.

This question should settle as a "yes" if KBR is forced to offer any financial compensation to the plaintiffs.

http://www.armytimes.com/news/2008/12/ap_guard_lawsuit_iraq_120308/

http://www.boston.com/news/nation/washington/articles/2008/12/04/indiana_guardsmen_sue_defense_contractor_kbr/


Settlement details: As reported by a major mainstream news source.

 
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Yes
26%
No
74%
Activity: H$81,982
Question suspends in 51 weeks

Suspend date: Tue 5th Jan 2010 3:59pm PST (51 weeks to go)

Initial likelihoods: Yes: 40%

Action history:

Created Thu 4th Dec 2008 8:29am PST by capecodviking
Suspended last Monday 3:59pm PST : Suspend date reached
Unsuspended Yesterday 5:49am PST by ryanj[Admin]: Market being reopened as it is not yet clear if compensation has been received, as the case is ongoing. If by the next suspend date no new news is available about the case the market will settle as no
Changed Suspend date Yesterday 5:49am PST by ryanj[Admin]: was: "2009-01-05 15:59:00"

Suspend date: Tue 5th Jan 2010 3:59pm PST (51 weeks to go)
more info...

 

Predictions (24)

24 predictions

2 days ago
xoffer predicted Yes (H$20 at 14%)
2 days ago
xoffer predicted No (H$100 at 86%)
2 days ago
pita_soup predicted No (H$300 at 86%)
2 days ago
keyeshoveden[Power User] predicted No (H$5,000 at 84%)
2 days ago
newzguru predicted Yes (H$100 at 9%)
more

Comments (2)

Wow, extending suspense by an entire year seems a bit of a stretch. I wagered on this one (and I think some others did too) thinking it was going to settle very soon. Personally I would cash out right now, but I would lose H$ if I did. Wouldn't it make sense to offer 'full refund' to those who request it?
posted 1 day ago
Hmm, "The Defense Health Board, an advisory committee to the secretary of defense that provides independent advice, said none of the 137 soldiers and civilians tested had "substantially elevated" levels of chromium in their blood."(http://www.jconline.com/article/20081222/NEWS09/81222027)
posted 1 day ago

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