Baldor Electric Company continues to be a defendant in lawsuits
alleging personal injury as a result of exposure to asbestos
that was allegedly used in certain components of its products
many years ago, according to the Company’s annual report filed…
provides in-depth news coverage of asbestos-related lawsuits affecting public companies. Areas of focus include claim reserves, asbestos-related litigation costs, insurance coverage, compensatory and punitive damages, workers' compensation rulings, Chapter 11 cases involving asbestos product manufacturers, and statistics on asbestos-related lawsuits and claims.