Chip maker chip maker Chipmaker to pay $3 billion to settle charges stemming from the Flint water crisis

By Kate KelloggThe Wall Street Journal of May 11, 201912:55:50In June, U.S. chip maker Nvidia settled with a U.K. judge and a former government watchdog agency in a class action lawsuit alleging it had been negligent in the lead contamination of Flint water.

The company’s chief executive officer, Gaurav Jain, admitted in a statement on Wednesday that he had a “deep disappointment” with the judgment.

Jain, a former executive director at the National Institute of Standards and Technology (NIST), a government agency, admitted that the lead-tainted water in Flint, Michigan, was not adequately treated.

The court documents allege that Jain’s company failed to properly test water for lead, which can cause mental health problems.

In July, a judge in a federal court in Virginia found that Jains was personally liable for the cost of the cleanup.

The judge said the company had breached its duty to protect the public.

The U.N. agency that oversees standards for the building of water treatment plants, the International Atomic Energy Agency (IAEA), issued a preliminary finding in October that Jans actions were responsible for lead poisoning.