Robert Bosch Tool Corporation

La Jolla CA: (May-21-07) A class action lawsuit was filed against Robert Bosch Tool Corporation ("RBTC"), claiming that RBTC mislabeled certain products as listed in the Detailed Notice as "Made in the U.S.A." between September 7, 2001 through December 31, 2006. In a settlement reached, RBTC agreed to refrain from using the alleged inappropriate label "Made in the U.S.A." and established a settlement fund of $5 million to pay for all claims, the cost of notice and claims administration, and 25% of the settlement fund to pay attorneys' fees and expenses of class counsel. Any unpaid residual will be used to further the purposes of the underlying causes of action as set forth in the detailed notice and approved by the court. The class consisted of anyone who purchased an RBTC product during the class period and was entitled to either a $10.00 voucher or a payment of $10.00 cash. Each $10.00 voucher is not transferable, not stackable and can be redeemed after the purchase of an RBTC product. The voucher will expire one year from the date of issuance. [BUSINESSWIRE: RBTC SETTLEMENT]

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