Omega Flex's Sixth Consecutive Legal Victory Further Demonstrates that CSST is the Safest Gas Piping Product in the U.S.
Courts Rule Once Again that Class Action Attempts by Trial Lawyers Fail to Demonstrate Legal Merit
MIDDLETOWN, Conn., Dec. 18, 2014 (GLOBE NEWSWIRE) -- Omega Flex, Inc. (Nasdaq: OFLX ) today announced that a United States District Court in Ohio has dismissed the latest frivolous lawsuit by plaintiffs' attorneys questioning CSST's unparalleled safety record. In the most recent case – Schoelwer vs Omega Flex, Inc. – the trial attorneys unsuccessfully attempted to seek class action certification for their lawsuit against the Company.
The federal court decision is Omega Flex's sixth consecutive legal victory against plaintiffs' attorneys, further demonstrating courts and juries around the country are not persuaded by their deliberate efforts to misrepresent CSST's safety record for their self-interested financial motives. Over the past several years, federal courts have consistently dismissed class action lawsuits against CSST manufacturers because each case lacked any legal substance, including cases in Florida, Massachusetts, Colorado and Maryland.
Commenting on the Court's ruling, the Company said, "The facts are clear – CSST is the safest and best gas piping product on the market and it has been scientifically proven to be more effective than black iron pipe. There have been no proven deaths or injuries caused by CSST since it was introduced in the U.S. in 1989, compared to the numerous injuries and deaths caused each year by black iron pipe failures. Despite CSST's superior performance, trial attorneys and their allies continue to fabricate dubious arguments to support their baseless lawsuits, while promoting black iron pipe and its dangerous and outdated technology. We are pleased that the United States District Court in Ohio – and other courts around the country – recognize the highly questionable nature of these lawsuits and continue to rule in our favor. We are proud of our high performing CSST and will continue to vigorously defend ourselves against all frivolous claims against our products."
About Omega Flex, Inc.
Established in 1975, Omega Flex, Inc. is the pre-eminent international producer of flexible metallic piping products. With more than 200 patents registered worldwide, Omega Flex® supplies proprietary products for a broad number of applications and markets, which include primary steel production, semi-conductor, medical, pharmaceutical, petrochemical, residential, residential and commercial construction, and power generation. Omega Flex®, TracPipe®, CounterStrike® and AutoFlare® are registered trademarks of Omega Flex, Inc. All rights reserved. For more information, visit www.omegaflex.com .
Media Contact: Sard Verbinnen & Co Ron Low, Reze Wong or Beau Falgout (415) 618-8750
