ASBESTOS UPDATE: RBS Global’s Prager Unit Still Has Two Lawsuits

RBS Global, Inc.’s Prager subsidiary is a defendant in two pending multi-defendant lawsuits relating to alleged personal injuries due to the alleged presence of asbestos in a product allegedly manufactured by Prager.

Additionally, there are about 3,700 individuals who have filed…

ASBESTOS UPDATE: RBS Global’s Falk Unit Faces 210 Exposure Suits

RBS Global, Inc.’s Falk unit, through its successor entity, is a defendant in about 210 lawsuits pending in state or federal court in numerous jurisdictions relating to alleged personal injuries due to the alleged presence of asbestos in certain clutches…

ASBESTOS UPDATE: Exposure Cases Still Pending Against Joy Global

Joy Global Inc. and its subsidiaries are still involved in various unresolved legal matters that arise in the normal course of operations, the most prevalent of which relate to product liability — including over 1,000 asbestos and silica-related cases —…

ASBESTOS UPDATE: RBS Global Records $65MM Reserves at March 31

RBS Global, Inc.’s long-term reserve for asbestos claims was US$65 million as of March 31, 2011, compared with US$86 million as of March 31, 2010.

The Company’s long-term insurance for asbestos claims was US$65 million as of March 31, 2011, compared…

ASBESTOS UPDATE: Applica Consumer Still Facing 3 Exposure Cases

Spectrum Brands Holdings, Inc.’s Applica Consumer Products, Inc. subsidiary is a defendant in three asbestos lawsuits in which the plaintiffs have alleged injury as the result of exposure to asbestos in hair dryers distributed by that subsidiary over 20 years…

ASBESTOS UPDATE: RBS’ Stearns Unit Still Faces 1,435 Open Claims

Multiple lawsuits (with about 1,435 claimants) are pending in state or federal court in numerous jurisdictions relating to alleged personal injuries due to the alleged presence of asbestos in certain brakes and clutches previously manufactured by RBS Global, Inc.’s Stearns…

ASBESTOS UPDATE: Injury Cases Still Ongoing Against Regal Beloit

Regal Beloit Corporation is, from time to time, party to litigation that arises in the normal course of its business operations, including asbestos litigation matters.

The Company’s products are used in a variety of industrial, commercial and residential applications that subject…

ASBESTOS UPDATE: Bucyrus Still Subject to Injury, Exposure Cases

Bucyrus International, Inc. has been named as a co-defendant in numerous personal injury liability cases alleging damages due to exposure to asbestos and other substances, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May…

ASBESTOS UPDATE: Manitowoc Co. Still Involved in Exposure Claims

The Manitowoc Company, Inc. is named in numerous lawsuits involving asbestos-related claims in which the Company is one of numerous defendants.

No significant asbestos-related matters were discussed in the Company’s quarterly report filed with the Securities and Exchange Commission on May…

ASBESTOS UPDATE: Waukesha Firm Charged over Fraudulent Documents

Timothy A. Klingbiel, the 45-year-old owner of a Waukesha asbestos removal company, is facing multiple charges on allegations he doctored insurance liability certificates in order to prove to clients he was insured, the WaukeshaPatch reports.

Mr. Klingbiel was charged in Waukesha…

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