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<i> Times Staff and Wire Reports</i>

Exxon Valdez $5-Billion Verdict Affirmed by Judge: The federal judge overseeing the Exxon Valdez case affirmed the punitive-damages award against Exxon Corp. for causing the worst oil spill in U.S. history. The decision, which was expected, was issued Friday by U.S. District Judge H. Russel Holland in Anchorage, Alaska. Exxon immediately said it will appeal what it called an “unjust verdict.”

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