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Stock impact report

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 Show less Read more
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