AKRON, OHIO -- United States District Court Judge John Adams has ordered the dismissal of the class action lawsuit against Goodyear Tire & Rubber Co., alleging securities fraud filed against the company and certain of its current and former officers. The suit relates to Goodyear's previous restatement of its financial results.

In its ruling today, the court found that the plaintiffs had failed to sufficiently set forth particularized facts to support their claim.

"We are pleased that the court has dismissed the lawsuit, which we have always believed to be without merit," said C. Thomas Harvie, Goodyear senior vice president and general counsel.

Goodyear has also asked the court to dismiss two companion cases pending before Judge Adams: a shareholder derivative action and an action based on alleged ERISA violations.

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