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Owners of Ten-Spindle Cribs Sold by CostCo Reach $7.2+ Million Settlement With Dorel Juvenile Group |
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The parties have reached a tentative settlement, apparently valued at $7.2+ million, in an action filed against Dorel Juvenile Group, Inc. on behalf of purchasers, owners, and former owners of full-size baby cribs with ten-spindle mattress platforms designed, manufactured, or sold by Cosco, Inc. The action alleges that the cribs are unsafe for use with infants because the spindles are spaced just widely enough to pose a danger of injury. Claim forms must be postmarked on or before December 24, 2003, to be considered valid.
The cribs covered by the settlement may have been advertised and sold as "T-Series Ten-Spindle Cribs" or "M-Series Ten-Spindle Cribs." Dorel is the successor to Costco, Inc. through a corporate merger--Costco was the manufacturer and distributor of the cribs.
Under the terms of the settlement, people who still own a ten-spindle crib are eligible to receive a replacement mattress platform at no cost, with instructions and all necessary hardware for complete assembly. Those who no longer own the crib in question are eligible to receive a $55 manufacturer's rebate coupon, redeemable on proof of their purchase of any juvenile products manufactured by Dorel, with a purchase price equal to or greater than the amount of the coupon. The coupons will be redeemable for a period of 15 months from the date of their distribution, and are freely transferable.
The settlement will not be effective until the court grants it final approval. The court has scheduled a hearing on the matter for December 16, 2003.
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