AirBoss Proposes Settlement in Class Action Suit
Company Announcements

AirBoss Proposes Settlement in Class Action Suit

Airboss of America (TSE:BOS) has released an update.

AirBoss of America Corp has announced a proposed settlement for a class action lawsuit in Canada, without admitting liability or fault. The settlement is pending court approval and, if granted, will involve a notice period for potential class members and further court approval, without impacting the company financially as it falls within insured limits. AirBoss is a diversified manufacturer of custom rubber compounds and survivability solutions, serving various industries including automotive and defense.

For further insights into TSE:BOS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyAirBoss of America price target lowered to C$4 from C$5 at CIBC
TipRanks Canadian Auto-Generated NewsdeskAirBoss of America Sees Promising Growth in Defense Sector
Catie PowersIs BOS a Buy, Before Earnings?
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App