Clarification regarding media statements on class action complaint
In view of the statements Hagens Berman has made regarding an alleged new class action complaint that has been filed against Dometic in the US, the company makes the following clarification.
The class action complaint referred to by Hagens Berman, which was filed on July 8, 2016, is not a new complaint but rather an amended complaint; it was filed by the same law firm in the same court. The amended complaint adds two additional plaintiffs, who jointly own an RV, to the original five plaintiffs for a total of seven plaintiffs. Dometic filed a motion to dismiss the original complaint on June 17 and will file another motion to dismiss the amended complaint. Amended complaints are common and this one was not unexpected.
Another common part of the legal process is that competing law firms can file similar complaints. Another law firm filed a similar lawsuit against Dometic in the Southern District of Florida. This complaint currently includes seven individual plaintiffs, none of whom claims to have experienced any manifested defect related to a Dometic product.
Dometic remains firm in its position that the allegations are without merit and intends to vigorously defend against them.
For more information, please contact
Erika Ståhl, Head of Business Control & Investor Relations
Tel: +46 8 501 025 24
Email: ir@dometicgroup.com
This information is information that Dometic Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 8.15 CET on 12 July 2016.
ABOUT DOMETIC GROUP Dometic is a global market leader in branded solutions for mobile living in the areas of Climate, Hygiene & Sanitation and Food & Beverage. Dometic operates in the Americas, EMEA and Asia Pacific, providing products for use in recreational vehicles, trucks and premium cars, pleasure and workboats, and for a variety of other uses. Dometic offer products and solutions that enrich people’s experiences away from home, whether in a motorhome, caravan, boat or a truck. Our motivation is to create smart and reliable products with outstanding design. We operate 22 manufacturing/assembly sites in nine countries, sell our products in approximately 100 countries and manufacture approximately 85% of products sold in-house. We have a global distribution and dealer network in place to serve the aftermarket. Dometic employs approximately 6,500 people worldwide, had net sales of SEK 11.5 billion in 2015 and is headquartered in Solna, Sweden.