Notícias

Deere (NYSE:DE) has been hit with a new class-action lawsuit alleging restrictive right to repair practices on its equipment. The suit, brought by Christy Webber & Co., claims Deere's repair policies have raised costs and extended repair times for customers. This case follows a prior settlement on similar issues and raises fresh legal questions around Deere's aftermarket repair model. For investors tracking Deere at a share price of $531.35, this legal turn adds another layer to the story...

A $99 million settlement proposal with a group of farmers and independent agriculture repair shop owners received preliminary approval this week in a separate case.