Honeywell Can’t Dodge Investor’s Asbestos Liability Securities Suit, Judge Says

Mealey's (May 20, 2020, 2:16 PM EDT) -- TRENTON, N.J. — Honeywell International Inc. must face allegations that it knew how to accurately estimate Bendix asbestos liabilities more than five years forward and that its failure and resulting billion-dollar revision hurt stockholders, a federal judge in New Jersey said May 18 (David Kanefsky, et al. v. Honeywell International Inc., et al., No. 18-15536, D. N.J.)....