$30,000,000 from OSRAM Sylvania, Inc to Resolve Claims Arising from Alleged Consumer Fraud Violations
EDISON, NJ – JULY 9, 2015 – Eichen Crutchlow Zaslow attorneys Barry Eichen and Evan Rosenberg proudly announce that OSRAM Sylvania, Inc. has agreed to pay $30,000,000 to resolve claims arising from alleged consumer fraud violations. Eichen Crutchlow Zaslow LLP initiated the case and represents the lead plaintiff in Chaudhri v. Osram Sylvania, Inc. et al., No. 2:11-cv-05504 filed in the District Court of New Jersey. District Court Judge Madeline Cox Arleo presided over the settlement. At the Fairness Hearing, Judge Arleo Cox had high praise for plaintiffs’ attorneys saying, “it reaffirms my view that New Jersey lawyers are as good as any lawyers in the country, and the way they have handled this case professionally…satisfies me that they are the best at what they do.”
The settlement stems from plaintiffs’ claims that OSRAM Sylvania misrepresented and/or omitted important facts regarding performance characteristics of Silverstar automotive light bulbs. Eichen Crutchlow Zaslow filed Plaintiffs action in 2011. They fended off multiple attempts by defendants to dispose of the case in the District Court of New Jersey before reaching a settlement last year. The parties reached this settlement following extensive discovery and just prior to the beginning of pre-trial substantive motion practice.
Plaintiffs’ settlement represents a substantial portion of the purchase price and puts real money back in the hands of people who purchased these products. As Judge Cox Arleo stated, “that is a great settlement, one of the better ones I’ve ever seen.” “This settlement will provide significant compensation to those harmed,” said Eichen Crutchlow Zaslow managing partner Barry Eichen, “our team, which included associate Evan Rosenberg, of counsel Tom Paciorkowski and co-counsel law firm Keefe Bartels, worked around the clock and spent many late nights and weekends away from family and friends to protect the rights of our class members and effectuate a great result.”
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