Massey Energy offering settlements

Posted by Iva Radman – email

RICHMOND, VA (WWBT) - The Richmond-based company that owns the West Virginia mine where 29 men died earlier this month is offering settlements.

It's been more than three weeks since that explosion and now Massey Energy is offering each family $3 million, but some say it's not enough.

The daughter of one of the miners killed says the offer was given to several families last week. She says her family isn't interested and would prefer to take every cent CEO Don Blankenship has.

The company laid out a financial package that it says would free the families from ever worrying about money.

The company says accepting wouldn't keep families from taking legal action, but these families aren't the only ones suing Massey Energy.

A former investor is taking the company to court, saying it lied about the safety of its mines.

The April 5th explosion is the nation's worst coal mining disaster in 40 years.

Copyright 2010 WWBT NBC12. All rights reserved.