Home | Business News | Browse by Publication | P | PR Newswire

Lear Announces Jury Verdict in Seton Lawsuit; Plans to Challenge Outcome.

Publication: PR Newswire
Publication Date: 26-MAY-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SOUTHFIELD, Mich., May 26 /PRNewswire-FirstCall/ -- Lear Corporation announced today that a $30 million verdict was rendered on Wednesday, May 25, 2005 against Lear in a case pending in the U.S. District Court for the Eastern District of Michigan. As previously reported in the Company's public filings, on January 29, 2002, Seton Company, one of Lear's leather suppliers, filed a suit alleging that Lear had breached a purported agreement to purchase leather from Seton for seats for the life of...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from PR Newswire
Detroit Regional Chamber Elects Cindy Pasky, Chair, and Dennis Archer,..., May 26, 2005
Dr. Jeffrey S. Epstein Announces The Opening of The Women's Center for..., May 26, 2005
Harris Corporation Named Exclusive Supplier of HD Radio(TM) Transmitte..., May 26, 2005
The Baxter International Foundation Awards Grants in Six Countries to ..., May 26, 2005
More Police Installing Motorola Digital Video Cameras in Patrol Vehicl..., May 26, 2005

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.