Continental To Pay Up To $8M To Settle Tire Actions

Law360, New York (March 6, 2009, 12:00 AM EST) -- Two class actions accusing Continental Tire North America Inc. of selling tires it knew would wear prematurely came to a close Thursday as a federal judge approved a final settlement between the parties.

Judge Garrett E. Brown Jr. of the U.S. District Court for the District of New Jersey put his stamp on the settlement following an October fairness hearing.

According to the deal, first reached in June, Continental will pay at least $5 million, and up to $8 million, to resolve the District of New...
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