Mesothelioma sufferers have received millions of dollars in compensation from former asbestos manufacturers.
Asbestos, a highly carcinogenic mineral, was commonly used by corporations until the 1980s. Though its use has sharply declined since then, its effects are still being felt by millions who now suffer from cancer and other lung complications.
Mesothelioma, a fatal form of lung cancer, is one of the most deadly of asbestos-related diseases. 10,000 Americans die from the disease every year. What makes mesothelioma especially distressing is that in many cases, corporations knew for years that asbestos caused cancer, and yet they continued to manufacture it.
Mesothelioma sufferers and their loved ones are fighting back in court and receiving compensation for their suffering. It’s predicted that asbestos litigation will soon reach $200 to $265 billion in total compensation.
American Optical Corporation (2016)—$32 Million
American Optical Corporation (AOC) didn’t use asbestos in any of their products, but they failed to protect workers from exposure. AOC concealed the fact that their respirators did not protect from asbestos exposure, lulling many workers into a false sense of security while handling the dangerous mineral.
Former machinist Louis William Tyler was an unfortunate victim of the company’s negligence. Mr. Tyler was diagnosed with mesothelioma after years of handling asbestos with inadequate protection. The California jury hit AOC with a $32 million verdict.
Garlock Sealing Technologies (2016)—$480 Million
EnPro Industries, the owner of Garlock Sealing Technologies, proposed a bankruptcy trust fund earlier this year that would compensate Garlock’s current and future asbestos claimants. The pipeline sealer formerly used asbestos in their gaskets.
If approved by claimants and the bankruptcy court, the mesothelioma fund would reach $480 million, permanently resolving the company’s asbestos litigation.
Specialty Products (2014)—$800 Million
Faced with 15,000 asbestos-related lawsuits, Specialty Products filed for bankruptcy in May 2010. The company’s plaster, cement, and roof coatings contained asbestos, causing thousands of mesothelioma diagnoses.
In 2014, their parent company RPM International received a bankruptcy judge’s approval to establish a mesothelioma compensation fund worth $800 million.
Pneumo Abex (2014)—$37 Million
In 2013, Gary Hampton was diagnosed with mesothelioma. As a mechanic in the 1970’s, Mr. Hampton was exposed to asbestos dust in brake linings made by Pneumo Abex.
A Tampa jury declared the company was negligent for failing to warn about the dangers of asbestos and manufacturing a dangerous product. Mr. Hampton received $37 million in damages. He previously received a confidential settlement from Ford for their asbestos-tainted brake linings.
Durco International, Crane Co., et al (2013)—$38 Million
Lloyd Strom Garvin was diagnosed with a rare form of testicular cancer caused by mesothelioma. He was exposed to asbestos-tainted gaskets, valves, and pumps while working in a factory and on a farm.
Durco International, Crane Co., and Byron Jackson Pump Co. were found liable for manufacturing the dangerous products Mr. Garvin used, and were collectively hit with a $38 million verdict.
Burnham, Cleaver-Brooks (2013)—$30 Million
Burnham and Cleaver-Brooks exposed American workers to asbestos-tainted boilers. Five tradesmen who worked in steamfitting, plumbing, and construction industries filed a lawsuit against the companies after being diagnosed with mesothelioma.
Both companies were found guilty of negligently and recklessly exposing workers to asbestos, and were hit with a combined $30 million verdict.
U.S. Steel (2003)—$250 Million
After working at U.S. Steel’s Gary, Indiana plant for 30 years, Roby Worthington developed mesothelioma. The company used asbestos in their insulation.
The jury hit U.S. Steel with a $250 million verdict—$50 million in compensation and $200 million in punitive damages. At the time, it was the largest single award in asbestos litigation.
Halliburton (2002)—$4 Billion
In 2002, Halliburton paid $4 billion in cash and stock to settle 300,000 asbestos claimants and future claimants. The Dallas-based oil company inherited the majority of the lawsuits when they acquired Dresser Industries four years earlier.
Union Carbide, United States Gypsum, et. al. (2000)—$160 Million
In 2000, 18 leading asbestos manufacturers, including Union Carbide and United States Gypsum (USG), agreed to settle 4,000 asbestos-related personal injury claims filed in Mississippi court. Altogether, the asbestos manufacturers paid $160 million to claimants.
Shortly after, USG declared bankruptcy. In total, they paid more than $450 million in asbestos litigation.
The Manville Corporation (1988)—$4.3 Billion
Manville’s compensation fund has paid $4.3 billion to claimants.
The Manville Corporation was one of the leading asbestos manufacturers of its time. When they declared bankruptcy in 1982, they were the largest and richest company to ever do so.
In 1988, they established the first asbestos compensation trust fund. As of 2013, the fund had paid $4.3 billion to claimants.
ClassAction.com Will Fight For You
Mesothelioma is a fatal form of cancer that no one should suffer from. If you or a loved one were diagnosed with mesothelioma, you may be eligible for compensation.
Contact ClassAction.com for a free, no-obligation case review. Our legal team will answer any questions you may have about filing a lawsuit.