A legal team from Podhurst Orseck, led by attorney Peter Prieto, negotiated a $57 million settlement with Volkswagen Group of America Inc. and its German parent company, resolving a class-action lawsuit over defective suspension systems in its CC model sedans built from 2009 to 2017. The lawsuit, which involved a class of approximately 300,000 vehicle owners and lessees, alleged the defect caused poorly aligned wheels, resulting in premature tire wear and safety concerns. Though Volkswagen denied liability, the approved settlement provides eligible consumers with compensation for past tire replacements and rotations, demonstrating a significant victory in product liability litigation for the Miami-based firm. The legal team’s work was recognized with a Most Effective Lawyers award.
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Originally published by Catherine Wilson | Dec 7, 2020 | Law.com
