Eaton (ETN) May Pay Up To $2B To ArvinMeritor (ARM) in Antitrust Lawsuit

October 14, 2009 5:12 PM EDT

Eaton Corp. (NYSE: ETN) faces more than $2 billion in damages related to a recent lawsuit filed against the industrial goods company.

A federal judge today issued a final judgment that Eaton violated antitrust laws in relation to marketing truck transmissions. Arvinmeritor (NYSE: ARM) was the defendant in the case.


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Comments

Arm Pension Plan
Norman Bobb on Oct 19, 2009 04:18 PM

Hooray! Maybe they will finally be able to fully fund their Pension Plan


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