May 16, 2007
Market Watch is reporting the following: “The Justice Department and the U.S. Navy have reached a settlement agreement with approximately 3,400 property owners in Virginia Beach and Chesapeake, Va., regarding litigation relating to jet noise at a naval air base. Under the terms of the agreement, the participating plaintiffs agree to dismiss their claims and acknowledge that the settlement does not constitute an admission of liability by the United States.
“‘We are pleased that the federal government and residents near the Naval Air Station Oceana and Naval Auxiliary Landing Field, Fentress have been able to reach an amicable resolution in this matter and avoid further litigation,’ said Matthew J. McKeown, Acting Assistant Attorney General for the Justice Department’s Environment and Natural Resources Division. ‘This resolution signals an end to six years of litigation and provides positive results for the citizens as well as the government.’[FULL ARTICLE]