“We do not agree with the assertions made against our company in the lawsuit,” said Caius Ort, General Counsel of Lely. “However, the legal process is lengthy, expensive and distracting – so we have decided to reach a settlement that is in the best interest of Lely, as well as our employees, our Lely Center network and our customers. This decision allows us to move on and to focus on what we do best, which is to provide a sustainable, profitable and enjoyable future in farming for our valued customers.”
The settlement would resolve claims of Lely customers who purchased or leased a new Lely Astronaut A4. The Lely Astronaut A4 was sold in the United States between 2011 and 2018. Eligible Lely Astronaut A4 owners will have a choice between a yet-to-be-determined cash payment and four years of extended warranty; or they can exchange their current Lely Astronaut A4 and, with an additional payment, receive a Lely Astronaut A5 as a replacement.
An agreed upon third-party administrator will handle the claims-administration process. More information and details regarding the administrator and all relevant contact information will be made available at a later date.
“As a company, we are dedicated to serving our customers to the best of our ability. We are committed to fulfill our obligations under the terms of the settlement and will work closely with the independent administrator to ensure our customers are taken care of in a timely manner,” said Ort.
For more information on Lely and its products and services, please visit www.lely.com/us/.