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December 30, 1988 | JUBE SHIVER Jr., Times Staff Writer
Geophysical Systems Corp., a Pasadena seismic survey equipment maker that has not been profitable since 1982 when a supplier's allegedly faulty equipment plunged Geophysical into financial trouble, was awarded $48.3 million in damages Thursday in connection with the dispute. A six-member jury in U.S. District Court in Los Angeles agreed that Seismograph Service Corp., a Tulsa, Okla.
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BUSINESS
December 30, 1988 | JUBE SHIVER Jr., Times Staff Writer
Geophysical Systems Corp., a Pasadena seismic survey equipment maker that has not been profitable since 1982 when a supplier's allegedly faulty equipment plunged Geophysical into financial trouble, was awarded $48.3 million in damages Thursday in connection with the dispute. A six-member jury in U.S. District Court in Los Angeles agreed that Seismograph Service Corp., a Tulsa, Okla.
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