Sears Settles Defective Door Opener Class Action

Law360, New York (September 12, 2011, 4:33 PM EDT) -- Sears Roebuck and Co. on Thursday resolved a putative consumer class action in New Jersey federal court accusing the retailer of deliberately selling faulty garage door openers.

U.S. District Judge Jose L. Linares signed an order dismissing the case with prejudice and without costs against any party, after the parties' stipulation that they had “amicably resolved” all of the claims.

Additional details of the confidential settlement were not disclosed, and representatives for the parties did not immediately respond to requests for comment Monday.

Lead plaintiff Melanie...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

RAIT v. SEARS, ROEBUCK AND CO. et al


Case Number

2:08-cv-02461

Court

New Jersey

Nature of Suit

Contract Product Liability

Judge

Jose L. Linares

Date Filed

May 20, 2008

Law Firms

Companies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.