Court Rejects Coupon Settlement In Suit Over G.M. Pickup Trucks
A Federal appeals court yesterday threw out the settlement of a huge class-action lawsuit that would have given $1,000 coupons to owners of 5.7 million older General Motors pickup trucks that are suspected of posing a fire hazard in sideways crashes. In its ruling, the three-member panel of the United States Court of Appeals for the Third Circuit, in Philadelphia, said the settlement was worth little to consumers and agreed with the arguments of opponents of the deal, who had called it a "sophisticated marketing program" aimed at selling more G.M. trucks.