Retail

Cooper applauds class action ruling

Order Reprints

A New Jersey court has approved an agreement that resolves a series of class action lawsuits filed against Cooper Tire & Rubber Co. during 2001 and 2000.

The agreement originally received preliminary court approval last October.

"There was never a claim of personal injury or property damage involved in the lawsuits nor did anyone in the case ever ask for a recall," Cooper officials remarked in a statement issued late this afternoon.

The deal includes a five-year program offering free replacement tires to buyers "in the unlikely event a steel-belted radial tire (produced from 1985 through 2001) has an adjustable separation."

No cash will be awarded to plaintiffs as part of the settlement, according to Cooper.

Related Articles

Class action ruling puts Bridgestone/Firestone, Ford on the defensive

Cooper seeks 'win-win' class action settlement

Cooper tentatively resolves class action lawsuits

You must login or register in order to post a comment.