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Newswire

Lear hit with $30 million jury verdict

NEW YORK, May 26 (Reuters) - Auto interior maker Lear Corp. said on Thursday that one of its suppliers, Seton Co., had won a $30 million jury verdict against it in a federal court in Michigan.

Lear said it planned to challenge the verdict and seek an appeal if necessary. Seton had accused Lear of breaching a contract to buy leather for seats.