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Ford Settles Ignition Suit; Could Cost Automaker $2.7 Billion
Ford Motor Co. agreed Thursday to reimburse current and former owners for repairs on millions of cars and trucks prone to stall because of a flawed ignition system. The deal approved by a California judge could cost the automaker $2.7 billion, plaintiffs said. The settlement was approved as the beleaguered automaker weathers a series of setbacks, including an erosion in sales and the costly Firestone tire situation.Tire Trial Tactic: Clear the Courtroom
In a Texas civil suit involving a van rollover, Michelin North America Inc. moved "to seal the courtroom during portions of th[e] trial, to seal the transcript, and to seal selected trial exhibits," arguing that an open court could compromise trade secrets. While the case later settled, plaintiffs' attorneys said such a sweeping motion is unheard of in products liability cases -- except when the defendant is Michelin.Ford Agrees to Settle Explorer Rollover Suit Covering 1 Million Owners in Four States
Ford Motor Co. on Wednesday ended an era of litigation over its rollover-plagued Explorer sport utility vehicles when it agreed to settle a class action covering about 1 million plaintiffs in California, Connecticut, Illinois and Texas who claimed their Explorers were prone to flip, according to a co-counsel for the SUV owners. A Ford spokeswoman said the deal ends all the outstanding rollover-related lawsuits against the company.Wall, plaintiff-appellant v. CSX Transportation Inc., defendants-appellees
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