ASBESTOS UPDATE: Velan Legal Costs Surged From $2.2MM to $2.7MM
October 21, 2011
Tom Velan, president and CEO of Velan Inc., said that “Administration costs increased significantly this quarter as our legal and other costs associated with our on-going asbestos legal proceedings increased from $2.2 million to $2.7 million,” according to a Velan…
COMPANIES:
Velan Inc