Calgon Carbon Receives Verdict in ADA-ES Lawsuit
PITTSBURGH, PA – 07/29/2010
Calgon Carbon (NYSE: CCC) announced today that it received an adverse verdict from the United States District Court for the Western District of Pennsylvania in Calgon Carbon Corp. v. ADA-ES, Inc. (ADA-ES). The jury awarded ADA-ES $12.0 million consisting of $3.0 million for past and $9.0 million for future damages.
The litigation concerned a contract awarded to Calgon Carbon in March of 2008 by a major U.S. power generator for the supply of powdered activated carbon for the removal of mercury from flue gas. Calgon Carbon disputed ADA-ES’s claim that it had earned a commission for the contract based on a memorandum of understanding between the two companies that was terminated in August of 2007.
“We were surprised and very disappointed by the jury’s verdict,” said John S. Stanik, chairman, president and chief executive officer of Calgon Carbon. “We believe that there are several grounds for appeal, and we will vigorously pursue them.”
Calgon Carbon Corporation, headquartered in Pittsburgh, Pennsylvania, is a global leader in services and solutions for making water and air safer and cleaner.
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