LSB Industries settles Benham lawsuit for $20.9 million payment

Reuters04-08

<a href="https://laohu8.com/S/LXU">LSB Industries</a> settles Benham lawsuit for $20.9 million payment

LSB Industries reached settlement with Benham Constructors in long-running litigation tied to engineering and procurement contracts for ammonia plant at its El Dorado, Arkansas facility.
Benham will pay about $20.9 million within 60 days of March 26, 2026 effective date.
Parties will dismiss claims against each other with prejudice, without admission of liability.
Settlement preserves LSB claims against Leidos and Leidos Engineering, including fraud and breach of contract allegations.
LSB is seeking more than $300 million in actual and punitive damages from Leidos, with trial scheduled for October 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LSB Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-145611), on April 07, 2026, and is solely responsible for the information contained therein.

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