Suzuki Motor Corporation Litigation

Kirk David ("David") has sued American Suzuki Motor Corporation and Suzuki Motor Corporation (collectively "Suzuki") in the U.S. District Court for the Southern District of Florida ("the Court") on behalf of all persons in the United States or its territories who owned or leased a 2005 or 2006 model year Suzuki GSX-R1000 motorcycle.

The Court has preliminarily approved a proposed class settlement, and has authorized the issuance of this notice to persons who owned or leased a 2005 or 2006 Suzuki GSX-R1000 during the period August 13, 2008 through February 5, 2010 in the United States and its territories (the "Class").

David alleges that the 2005 and 2006 model year Suzuki GSX-R1000s suffer from a design defect. David alleges that a threaded screw hole drilled in a non-weld location in the frame of the 2005 and 2006 model year Suzuki GSX-R1000 creates a weakness in the frame.

On January 21, 2009 Suzuki voluntarily initiated a Safety Recall Campaign for the 2005 and 2006 model year Suzuki GSX-R1000.

Without any admission of wrongdoing, however, and to avoid further expense, uncertainty, inconvenience, and interference with its ongoing business operations, Suzuki has agreed to settle this class claim on the terms provided in the Stipulation of Settlement (the "Proposed Settlement").

Counsel for David and the Class ("Class Counsel") have investigated the facts, have analyzed the applicable law, and have considered such other sources of information as they deemed necessary to evaluate the fairness of the Proposed Settlement. Based on Class Counsel’s review of the facts and law and their evaluation of the substantial and immediate benefits which the Proposed Settlement may confer upon the Class, Class Counsel have determined that the Proposed Settlement is fair, reasonable, and adequate, and in the best interests of the Class.

The Proposed Settlement was reached as a result of extensive, arm’s length negotiations between Class Counsel and Suzuki’s counsel.

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