Home » Rose Corrosion and Techtools settle scam case out of court

Rose Corrosion and Techtools settle scam case out of court

07/20/2011

SANTA FE SPRINGS, Calif. --In an out-of-court settlement with Rohrback Cosasco Systems (COSASCO), Rose Corrosion Services Limited, Newbury, Berkshire, U.K., and Techtools (Morden) Limited, Sutton, Surrey, U.K., have admitted misrepresenting to oil and gas customers that equipment they supplied was manufactured by COSASCO. They have also accepted that the misrepresentations were calculated to lead and have in fact led to deception on the part of the public that products supplied by Rose were products manufactured or supplied by COSASCO.

Under the terms of the settlement, which was reached on the eve of adjudication in court, Rose and Techtools have paid COSASCO an unspecified sum of money as monetary compensation, and will in future desist from passing off their products as original COSASCO products. The dispute arose after Rose, through Techtools, supplied sham corrosion monitoring products purported to be of genuine COSASCO manufacture to a Middle Eastern oil and gas operator.

COSASCO issued the following additional statement:
"We've known for some time that unscrupulous companies have on occasion passed off fake goods as COSASCO products, but we've been unable to catch them red-handed. This is an important victory not only for us and our reputation, but also for our customers who rely on the unmatched quality of COSASCO to gain safe access to their high pressure oil and gas systems."

Established sixty years ago, Rohrback Cosasco Systems is an industry-leading supplier of corrosion monitoring and chemical injection systems.

More News:

05/20/2013 Metso Provides New Heating Solution for Finnish Utility
Finland's largest pellet-fired heating plant produces environmentally friendly energy in Tampere
05/20/2013 NIST Releases Initial Cyber Security Framework Comment Analysis
The National Institute for Standards and Technology has released an initial analysis of the hundreds of comments by industry and the public they have received on the Obama Administration's "Improving Critical Infrastructure Cyber Security" executive order.
05/20/2013 Past Time to Upgrade Your DCS?
Upgrading Your DCS: Why You May Need to Do It Sooner Than You Think
05/20/2013 K-BIM Consortium Selects Siemens' Parasolid for New AEC Applications
-BIM, a consortium of commercial, academic and government organizations wants the new application suite to help create a national standard for building information management (BIM)
05/17/2013 Friday p.m. Wrap-Up:This Week on ControlGlobal and Elsewhere
Some of the week's biggest stories in process automation
05/16/2013 What's Bad Weather Costing Us?
U.S. taxpayers paid nearly $100 billion responding to damages caused by last year’s extreme weather events associated with climate change, about $1,100 per taxpayer, according to an analysis by the Natural Resources Defense Council (NRDC).
05/16/2013 BP, Shell, Statoil Raided by EC
European Commission investigators raided the offices of oil companies BP, Royal Dutch Shell and Statoil as well as data collector Platts as part of a larger inquiry into price manipulation of the global crude market.
05/15/2013 Invensys' SimSci Suite 2013 Now with More Usability Features
Invensys releases SimSci Suite 2013, a DVD catalogue providing a single source for all of Invensys' current SimSci-Esscor design, operator training, simulation and optimization software
05/15/2013 What We Can Learn About Safety from the Titanic Hearings
This report from the U.K. publication The Engineer is instructive. It reprints a report from the May, 1912 hearings on the sinking of the Titanic.
05/15/2013 Honeywell Integrates and Certifies FMC722 Subsea Automation Protocol
The integration and certification of these solutions will boost the productivity of oil and gas field operators and engineers
All news »

Rose Corrosion and Techtools settle scam case out of court

More News:

Sponsored Links

Control Digital Edition

ControlGlobal.com E-Newsletters