EPA SPAC Compliance Costs Company $3.1 Million Dollar Fine
Euclid of Virginia, Inc. is $3.1 Million poorer after Judge Carl C. Charneski imposed a record penalty (the most ever imposed by an EPA Administrative Law Judge for violations of a federal environmental statute).
No doubt this record fine sends a messge. The question is, will this example of an uncertain, delayed, negative enforcement cause other companies to comply?
For more information see:
For the full text of Judge Charneski’s decision see:
Root cause analysis of this fine should be fairly easy. Either the company didn’t have a SPAC (Standard., Policy, or Administrative Control) to meet the EPA regulations or the company didn’t enforce the SPAC that they had.
The company certainly found out that the EPA was serious about enforcement.