FINDLAY, Ohio (Nov. 15)—A judge in the Superior Court of New Jersey has given preliminary approval to Cooper Tire & Rubber Co.'s bid to settle 32 class-action lawsuits involving alleged manufacturing defects in Cooper tires. The settlement agreement proposes that Cooper, without admitting wrongdoing, will replace for free any Cooper steel-belted radial passenger tire made since 1985 which suffered a manufacturing-defect-related tread separation. A final approval hearing will be held in January, according to John Keefe, a Red Bank, N.J., plaintiffs' attorney involved in the negotiations with Cooper.
Judge gives preliminary approval to Cooper settlement
Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].