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Ford, Bridgestone Settle 90 Rollover Lawsuits

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From Bloomberg News

Ford Motor Co. and Bridgestone Corp.’s Firestone unit said they had settled 90 lawsuits over rollovers of Ford Explorers in Venezuela, Mexico and Colombia.

Settlement terms weren’t disclosed. Neither Ford nor Firestone admitted liability. The agreements lift the threat of large verdicts in the cases, which were filed in U.S. courts after the recall in 2000 and 2001 of 10 million Firestone tires made for the Explorer. The personal-injury cases were consolidated in U.S. District Court in Indianapolis to streamline pretrial proceedings.

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