Gateway To Extend Computer Warranties To Settle Suit

Law360, Los Angeles (May 13, 2014, 3:53 PM ET) -- Gateway Inc. and one of its warranty companies agreed to extend for one year the warranties on its computers for an estimated 1.7 million putative class members whose warranties vanished when Gateway sold its business to a company that later went bankrupt, according to a preliminary settlement agreement filed Monday in California federal court.

Gateway and National Electronics Warranty LLC agreed to extend warranties to each of the estimated 1.7 million customers whose protections were dropped when MPC Corp., the company that bought a portion of...
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