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Honeywell Must Face Suit Over Asbestos Liability Claims

By Bill Wichert ( May 18, 2020, 7:54 PM EDT) -- Honeywell International Inc. lost its bid to escape a proposed securities class action after a New Jersey federal judge on Monday said the investor behind the suit sufficiently alleged that the business acted knowingly or recklessly in making alleged misstatements in securities filings about its asbestos-related liabilities....

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