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Business Briefs;Rockwell‐Standard's Appeal Fails
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June 20, 1972, Page 53Buy Reprints
June 20, 1972, Page 53Buy Reprints
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WASHINGTON, June 19 (AP)—The Rockwell‐Standard Corporation failed today in the Supreme Court to win an appeal for a new trial of charges that it induced the Scaife Company to buy its Tiken Silent Automatic Division with misrepresentation. A jury in Allegheny County, Pa., awarded Scaife a $1.2‐million damage judgment, but the trial judge found the verdict excessive and took steps for a new trial. Last December, however, the Pennsylvania Supreme Court allowed the judgment to stand.
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