Anglo American PLC, ESAB Corp. and Billionaire Mohed Altrad to Stand Trial for Cape Asbestos Liabilities
ESAB Corporation (ESAB)
Company Research
Source: Business Wire
COLUMBIA, S.C.--(BUSINESS WIRE)--A South Carolina court has set a trial date of Feb. 3, 2025, to determine whether Anglo-American, PLC (OTCQX: NGLOY), ESAB Corp. (NYSE: ESAB) and billionaire businessman Mohed Altrad, among others, can be held responsible for billions of dollars of liabilities stemming from asbestos that Cape Asbestos sent to companies in the United States and South Carolina for decades.A court-appointed receiver in June 2023 filed suit against numerous entities including Anglo American and ESAB for various causes of action, including unjust enrichment and that the defendants were responsible for the actions of Cape. The receiver was appointed after Cape failed to answer the underlying lawsuit brought by the national trial litigation firm of Dean Omar Branham Shirley, LLP.Judge Jean Toal, in an order issuing sanctions against the defendants for failure to answer discovery, noted that the receiver’s complaint “alleged a remarkable system of avoiding the harm caused
Show less
Read more
Impact Snapshot
Event Time:
ESAB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ESAB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ESAB alerts
High impacting ESAB Corporation news events
Weekly update
A roundup of the hottest topics
ESAB
News
- ESAB Corporation Board Declares Dividend [Yahoo! Finance]Yahoo! Finance
- ESAB Corporation Board Declares DividendBusiness Wire
- A Look At The Intrinsic Value Of ESAB Corporation (NYSE:ESAB) [Yahoo! Finance]Yahoo! Finance
- ESAB Co. (NYSE: ESAB) is now covered by analysts at Jefferies Financial Group Inc.. They set a "buy" rating and a $160.00 price target on the stock.MarketBeat
- Earnings To Watch: Nordson (NDSN) Reports Q3 Results Tomorrow [Yahoo! Finance]Yahoo! Finance
ESAB
Earnings
- 10/29/24 - Beat
ESAB
Sec Filings
- 11/26/24 - Form 4
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- ESAB's page on the SEC website