Ford To Settle Suits Over SUV Rollovers

Law360, New York (November 29, 2007, 12:00 AM EST) -- Using customer vouchers instead of cash, Ford Motor Company has agreed to settle litigation over its popular Ford Explorer with about a million consumers.

The company is settling economic loss and false advertisement claims brought in the wake of the recall of more than 6 million Firestone tires on the Explorer in 2000. Lawsuits alleged that the sport utility vehicles were likely to roll over though the company had advertised the models as safe.

The vehicles lost economic value after the alleged problems came to light,...
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