Court Grants Final Approval in Ford Sparkplug Litigation

On January 26, 2016, the Honorable Judge Benita Y. Pearson, of the U.S. District Court for the Northern District of Ohio, granted final approval of a settlement reached in the multi-district litigation, captioned, In re: Ford Motor Co. Spark Plug and 3-Valve Engine Products Liability Litigation, case number 1:12-md-02316. As part of the settlement, Ford Motor Co. will provide cash reimbursement for spark plug replacements exceeding $300 (for eight spark plugs), or more than $37.50 per spark plug (if less than eight spark plugs were replaced). The settlement class consists of all persons and entities who, prior to June 18, 2015, purchased or leased a Ford model year 2004-2008 vehicle in the United States equipped with a 5.4-liter 3-valve engine (including flex-fuel vehicles). The Court concluded that the settlement was fair, reasonable and adequate. To read a Law360 article regarding this settlement, please visit: http://www.law360.com/articles/664617/ford-agrees-to-settle-class-claims-over-spark-plug-defect