Oklahoma Will Received $300,000 From Settlement With Ford. Oklahoma will receive $300,000 as part of a $51.5 million national settlement with Ford Motor Company, the state attorney general said.
All fifty states and three territories sued Ford, accusing the company of failing to inform consumers of safety risks associated with equipping Ford Explorers with Bridgestone/Firestone tires.
According to the lawsuit, Ford exaggerated the Explorer’s handling and loading capabilities and made false claims that the after-market tires were “specifically engineered” for Ford vehicles.
Ford Will Pay The States
“Under the agreement, Ford will pay the states a total of $15.9 million,” said Attorney General Drew Edmondson. “Oklahoma’s share of the money will be used to investigate and prosecute violations of our state’s consumer protection laws.”
In addition to the $51.5 million cash settlement, Ford will be required to spend $30 million on public service announcements aimed at promoting sport utility vehicle tire safety. The company also will pay the states’ legal costs of $5.6 million.
Bridgestone/Firestone Inc. signed a national settlement last year related to the advertising and sale of tires that had high rates of tread separation. Under that agreement Oklahoma received $530,000.