A products liability class action filed Friday in New Jersey federal court against LG Electronics claimed that the plaintiffs purchased allegedly defective stoves from the company, which had to be recalled due to a potential fire hazard.
Takeaway: Another class action filed against LG in November 2024 in New Jersey district court alleged that the company knowingly sold defective refrigerators with a faulty part that failed to keep them cold. Despite the lawsuits, LG generated positive news last month when it acquired a majority stake in Bear Robotics, a Silicon Valley startup specializing in AI-driven autonomous service robots. The move is part of the electronics giant’s strategy for expansion into the robotics sector, according to a press release from the company.