News

Tag: Mercedes Benz

Fresh Off $42M Settlement, Miami Lawyer Says ‘It’s About Time’ South Florida Judges Receive More MDLs

Posted on September 17, 2021

“The stats show that about half, or little bit more than half, of cases in the federal courts are MDLs.” By Raychel Lean | September 16, 2021 | Law.com Multidistrict litigation is fast permeating federal courts, according to Podhurst Orseck partner Peter Prieto. He’s landed another settlement agreement in Miami’s ongoing multidistrict litigation over defective Takata Corp. […]

VW reaches $42 million settlement with U.S. owners over Takata air bags

Posted on September 02, 2021

By David Shepardson WASHINGTON, Sept 1 (Reuters) – Volkswagen’s (VOWG_p.DE) U.S. unit has agreed to a $42 million settlement covering 1.35 million vehicles that were equipped with potentially dangerous Takata air bag inflators, according to documents filed in U.S. District Court in Miami. The settlement is the latest by major automakers and much of the funding […]