LG Electronics Agrees to Settle Fridge-Breakdown Class Suits

LG Electronics U.S.A. Inc. has agreed to offer compensation, warranty coverage, and greater service capacity to a proposed nationwide class of about 1.55 million refrigerator owners, according to a federal court filing in New Jersey.

Consumers who document their losses are eligible for up to several thousand dollars in recovery, the would-be class representatives told the U.S. District Court for the District of New Jersey Aug. 14.

The court should give the settlement preliminary approval and certify the class, they said.

The consumers alleged LG knew its refrigerators had a compressor defect before selling them. The defect allegedly caused repeated ...