Lincoln Electric Holdings, Inc., at June 30, 2011, was a co-
defendant in cases alleging asbestos induced illness involving
claims by about 16,881 plaintiffs, which is a net increase of 40
claims from those previously reported, according to the Company’s…
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.