STEWART & STEVENSON COMMENTS ON VERDICT
STEWART & STEVENSON COMMENTS ON VERDICT HOUSTON, June 12 /PRNewswire/ -- Stewart & Stevenson Services, Inc.
(NASDAQ: SSSS), a leading manufacturer of diesel and gas turbine powered equipment, today announced that a $12.5 million verdict was returned against it, Ohmstede, Inc., and Ohmstede Mechanical Services, Inc. of Beaumont, Texas, in a law suit filed by Serv-Tech, Inc. The suit, filed on Jan. 26, 1990, claims that Stewart & Stevenson and Ohmstede misappropriated confidential information and trade secrets of Serv-Tech. A spokesman for Stewart & Stevenson indicated that the company will appeal any judgment entered on the verdict and believes that any such judgment will be reversed.
-0- 6/12/92 /CONTACT: David R. Stewart, director-investor relations of Stewart & Stevenson Services, Inc., 713-868-7657/ (SSSS) CO: Stewart & Stevenson Services, Inc. ST: Texas IN: MAC SU:
TQ-XX -- NY086 -- 9907 06/12/92 19:30 EDT
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|Date:||Jun 12, 1992|
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