Crane Co. Hit With $11.5M Asbestos Verdict In Mo.

By Sindhu Sundar (July 6, 2015, 4:19 PM EDT) -- Crane Co. must pay $11.5 million to a woman who claimed her husband developed the fatal lung cancer mesothelioma through exposure to asbestos in the course of his work in the U.S. Navy, a Missouri state jury decided last week.

After a two-week trial, the jury on July 2 hit Crane with $1.5 million in compensatory damages and $10 million in punitive damages in favor of plaintiff Jeanette Poage, who claimed her late husband James Poage was exposed to products containing asbestos during his work in the 1950s at a machinist's mate in the Navy.

Crane will appeal the decision, Terry...

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