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AIP Air Liquide SA

161.28
-2.10 (-1.29%)
28 Jun 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Air Liquide SA AQEU:AIP Aquis Europe Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.10 -1.29% 161.28 161.12 161.18 163.80 160.62 163.80 128,961 16:50:00

American Israeli Paper Mills Ltd. Potential Class Action Suit

17/01/2007 3:50pm

PR Newswire (US)


Air Liquide (AQEU:AIP)
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From Jun 2019 to Jun 2024

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HADERA, Israel, Jan. 17 /PRNewswire-FirstCall/ -- American Israeli Paper Mills Ltd. (ASE:AIP) (the "Company" or "AIPM") announced that a petition was filed against Hogla-Kimberly LTD (H-K), an affiliated company (49.9%), for the approval of a class action. According to the petition, 3.5 years ago H-K reduced the quantity of wipes in the baby wipes packages of its "Titulim(R) Premium" brand and thus misled the public according to the Israeli Consumer Protection Act. The plaintiff estimates the scope of the class action to be approximately NIS 28 million. H-K rejects the claims and intends to defend itself against the action. At this early stage, H-K is not able to assess the chances of the class action and its influences. DATASOURCE: American Israeli Paper Mills Ltd. CONTACT: Philip Y. Sardoff, +1-908-686-7500, for American Israeli Paper Mills Ltd.

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