Question: In which year was a settlement reached regarding GE's pollution of the Housatonic River?

Is "In 1999, the company agreed to pay a $250 million settlement in connection with claims it polluted the Housatonic River (Pittsfield, Massachusetts) and other sites with polychlorinated biphenyls (PCBs) and other hazardous substances." the correct answer?
pick from the following.
[1]. yes
[2]. no
[1].