Wal-Mart agrees to contribute $25 million to settle gas can explosion lawsuits

The nation’s largest retailer, Wal-Mart, has agreed to contribute about $25 million to settle unresolved lawsuits filed on behalf of consumers allegedly injured or killed in explosions involving portable plastic gas cans, according to court documents obtained by NBC News.The money from Wal-Mart amounts to slightly more than 15 percent of a proposed $161 million fund that would settle dozens of lawsuits against the largest manufacturer of these cans, Blitz USA, records from U.S. Bankruptcy Court in Delaware show.