ABM Industries Incorporated Will Appeal Jury Decision in Employment Discrimination Case.Business Editors SAN FRANCISCO--(BUSINESS WIRE)--May 20, 2003 ABM Industries ABM Industries Incorporated NYSE: ABM is an American corporation involved in outsourced, building maintenance. Divisions include ABM Janitorial, Ampco System Parking, ABM Engineering, American Commercial Security (ACSS), Security Services of America (SSA), Amtech Lighting, and Incorporated (NYSE NYSE See: New York Stock Exchange :ABM ABM: see guided missile. ABM - Asynchronous Balanced Mode ) and its subsidiary American Building Maintenance Co.--West will appeal a state court jury's decision yesterday to award $4 million in damages to a former employee because it is inconsistent with the law and the facts of the case. ABM has done nothing to warrant the gender discrimination lawsuit brought by Cheryl Forbes and is confident that it will prevail on appeal. "The evidence showed that Ms. Forbes was offered several opportunities for promotion, which she rejected," said Linda Auwers, ABM Senior Vice President & General Counsel. Ms. Auwers said that ABM will ask the Superior Court, State of Washington, County of Spokane, to set aside the jury verdict and will appeal if the court rejects that request. The same jury returned a verdict in ABM's favor in the second employment case considered in the trial. "ABM and its subsidiary companies treat seriously all complaints of harassment and discrimination and handle them in a manner meeting their obligations under the law," said Ms. Auwers. "ABM is pleased that the Company's position in the second case was vindicated at trial." ABM Industries Incorporated is the largest facility services contractor listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . With annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenues in excess of $2.1 billion and more than 62,000 employees, ABM provides janitorial, parking, engineering, security, lighting, elevator, mechanical and network services for thousands of commercial, industrial, institutional and retail facilities in hundreds of cities across North America. The ABM Family of Services includes ABM Janitorial, Ampco System Parking, ABM Engineering, American Commercial Security (ACSS ACSS Africa Center for Strategic Studies ACSS Aluminum Conductor Steel Supported (cable) ACSS African Crop Science Society ACSS Association of Computer Support Specialists ACSS Aviation Communication and Surveillance Systems ), Amtech Lighting, Amtech Elevator, CommAir Mechanical and ABM Service Network. |
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