159 Plaintiffs Sue Cape Asbestos Over Decades of Negligence and Fraud Stemming from Asbestos Exposure
ESAB Corporation (ESAB)
Company Research
Source: Business Wire
Mass legal action claims South Carolina importer covered up deadly effects of asbestos, caused widespread fatal health consequences across the US COLUMBIA, S.C.--(BUSINESS WIRE)--More than 150 plaintiffs have filed suit against Cape, PLC, its subsidiaries and global affiliates including Anglo American (OTCQX: NGLOY), De Beer Group PLC (OTCQX: AAUKF), and ESAB Corp. (NYSE: ESAB), which imported and distributed carcinogenic asbestos in the United States for decades.“Cape and its related entities, by its own admission, sold more than 95% of the type of asbestos commonly used in industry and on U.S. Navy ships for decades. That asbestos is responsible for untold death and despair among the workers of South Carolina and the nation,” said Trey Branham, partner at Dean Omar Branham Shirley, LLP, who along with co-counsel Theile McVey of Kassel McVey represents the plaintiffs.The mass action lawsuit alleges that Cape and its subsidiaries are liable for diseases caused by asbestos exposure
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ESAB
News
- ESAB Co. (NYSE: ESAB) was downgraded by analysts at Evercore ISI from an "in-line" rating to an "underperform" rating. They now have a $122.00 price target on the stock, up previously from $102.00.MarketBeat
- ESAB Co. (NYSE: ESAB) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $144.00 price target on the stock, up previously from $138.00.MarketBeat
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- Hillman (HLMN) Reports Q3: Everything You Need To Know Ahead Of Earnings [Yahoo! Finance]Yahoo! Finance
- ESAB Co. (NYSE: ESAB) had its price target raised by analysts at Loop Capital from $105.00 to $120.00. They now have a "hold" rating on the stock.MarketBeat
ESAB
Earnings
- 10/29/24 - Beat
ESAB
Sec Filings
- 11/1/24 - Form 4
- 11/1/24 - Form 4
- 10/31/24 - Form 4
- ESAB's page on the SEC website