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PWN Cash Amer Intl

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0.00 (0.00%)
Pre Market
Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cash Amer Intl NYSE:PWN NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Pawn Company Pays for Injury Caused By Used Product it Sold

09/06/2004 9:55pm

PR Newswire (US)


Cash America (NYSE:PWN)
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Pawn Company Pays for Injury Caused By Used Product it Sold In First of Its Kind Case, Cash America Agrees to Settlement; Injured Worker 'Set for Life' MCALLEN, Texas, June 9 /PRNewswire/ -- Houston attorney Rob Ammons and attorneys representing Cash America Pawn shops (NYSE:PWN) have settled a lawsuit involving a worker, Francisco Sarao, who was paralyzed due to a defective piece of safety equipment that Cash America sold. The settlement came in day three of a trial in Judge Rudy Delgado's 93rd Judicial District Court in Hidalgo County, Texas. "While the amount of the settlement is confidential," says Mr. Ammons, "Francisco -- who is 24 years old and will be in a wheelchair for the rest of his life -- will be well cared for. And to me, that's what matters most." In August 2001, Mr. Sarao was trimming trees in Weslaco, Texas, using a safety harness his employer had purchased in used condition at a Cash America Pawn shop. He fell 30 feet to the ground and was paralyzed from the waist down. An investigation determined Mr. Sarao fell when a safety ring on his harness broke. It also showed someone had altered the harness, removing the bright orange warning labels that direct people in its proper use. Cash America sold the harness in this altered condition. "It's the first case I know of in which a pawn shop has resolved a product liability claim arising out of a product it sold," Mr. Ammons says. Cash America Pawn, with headquarters in Fort Worth, Texas, runs the largest number of pawn shops in the country, with some 400 locations. Attorney Robert Ammons is founder of the Ammons Law Firm, a firm dedicated to protecting the rights of people injured through the carelessness of others. The firm has represented those injured or killed through automobile accidents, defective products, medical negligence and workplace negligence. For more information on the case involving Francisco Sarao and the settlement with Cash America Pawn, contact Mark Annick at 800-559-4534, pager 214-967-2299 or . DATASOURCE: Ammons Law Firm CONTACT: Mark Annick, +1-800-559-4534, or pager, +1-214-967-2299 or , for Ammons Law Firm

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