Stanley Black & Decker, Inc.
Stanley Black & Decker, Inc., headquartered in Towson, MD, is a prominent company in the power tools and hardware industry, known for its diverse range of products including drill bits and saw blades. The company has faced legal challenges related to the marketing of certain titanium and cobalt drill bits and saw blades, leading to a class action settlement that addresses customer claims regarding product composition.
The settlement involves compensation for customers who purchased the affected products between April 13, 2015, and October 13, 2021, while Stanley Black & Decker has denied any wrongdoing. As part of the resolution, the company agreed to modify packaging and provide financial restitution for valid claims submitted by affected consumers.
Generated from the website