Nissan settles class-action lawsuit claiming faulty brakes - Yahoo News
NEW YORK (Reuters) - Nissan North America has agreed to reimburse customers between $20 and $800 each to resolve a lawsuit alleging that defects in certain vehicles caused brakes to fail suddenly, according to court papers. They include Nissan Armadas, Infiniti QX56s or certain Nissan Titans, all model years 2004 to 2008, according to the court papers filed with the U. S. District Court for the Northern District of California. Under the agreement, Nissan, the U. S. subsidiary of Japan-based Nissan Motor Co Ltd, would reimburse class members between $20 and $800, depending on a vehicle’s mileage. The settlement papers did not estimate how much Nissan could pay overall to class members. A lawyer for the plaintiffs, Michael Ram, said the suit highlighted an important safety issue, and that "Nissan stepped up to the plate and agreed to a settlement that is going to help their customers. The case is Banks v. Nissan North America, U. S. District Court for the Northern District of California, No. 11-2022. (Editing by Jeffrey Benkoe, Alexia Garamfalvi and David Gregorio). Company Legal & Law Matters Business Nissan North America Source: news.yahoo.com
