ASBESTOS UPDATE: Cooper Ind. Cites 15,281 Abex Claims at June 30
Cooper Industries plc, at June 30, 2010, recorded 15,281 pending asbestos-related claims that are part of its obligation to Pneumo- Abex Corporation (Pneumo).
In October 1998, the Company sold its Automotive Products business to Federal-Mogul Corporation. These discontinued businesses (including the…