IF YOU PURCHASED CERTAIN BRANDED TITANIUM AND COBALT DRILL BITS AND SAW BLADES BETWEEN APRIL 13, 2015, AND OCTOBER 13, 2021. A CLASS ACTION SETTLEMENT MAY AFFECT YOUR RIGHTS.
The lawsuit claims that Defendant Stanley Black & Decker, Inc. (“Defendant”) deceptively marketed the composition of the Covered Drill Bits and Covered Saw Blades. As part of the Settlement, Defendant has agreed to modify the packaging for these products and provide payments to customers. Defendant denies any wrongdoing.
You may be included in the Settlement if you purchased Covered Drill Bits and/or Covered Saw Blades for personal use between April 13, 2015 and October 13, 2021.
The Settlement will provide up to a maximum of $1,627,500 to pay Valid Claims, as well as other fees and expenses. Settlement Class Members can receive up to $8.00, depending on their total purchases and the number of claims that are submitted. The final amounts paid for valid claims may be reduced based on total number of claims received.
The Court will hold a Final Approval Hearing [in person/by video] in the Circuit Court of Baltimore County, Maryland, located at 401 Bosley Ave, Towson, MD 21204, in the courtroom of the Honorable Judge Judith C. Ensor, on March 18, 2022 at 1:30 p.m., to decide whether to approve the Settlement and to award Attorneys’ Fees of up to $360,000 and Expenses of up to $15,000, and up to $2,500 to compensate the Class Representative. All briefs and materials filed in support of the Settlement and the Application for Attorneys’ Fees and Expenses will be made available on the Settlement Website at www.titaniumcobaltsettlement.com. You may hire an attorney, at your own expense, to appear at the hearing, but you do not have to.
Claims will be paid only if the Court approves the Settlement and all appeals are resolved. Please be patient. If the Settlement does not become effective, the litigation will continue.
This is only a summary. For more information, please contact the Settlement Administrator at (866) 612-2787 or by writing to Starke v. Black & Decker, P.O. Box 26170, Santa Ana, CA 92799
|Preliminary Approval Order|
|Motion for Attorneys' Fees, Litigation Costs and Incentive Payment|
|Motion for Final Approval of Class Action Settlement|
|Order and Final Judgment Granting Final Approval|
|Order Granting Plaintiffs' Motion for Attorneys' Fees, Cost, and Incentive Payment|
|Opt Out Deadline||12/27/2021|
|Final Approval Hearing||3/18/2022 at 1:30 p.m.|