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Tag: takata

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 […]

Litigation Leaders: Peter Prieto Discusses the 3 Big Opportunities of 2021

Posted on April 26, 2021

For more than 25 years, Podhurst Orseck partner Peter Prieto has focused his practice on complex commercial litigation, including class actions and white-collar criminal defense. He has represented clients in an array of civil litigation, including business and employment disputes, health care, antitrust, product liability, anti-corruption law and class action litigation. Prieto serves as the […]

Products Liability: Podhurst Orseck Team Drives $57M Settlement With Volkswagen

Posted on December 07, 2020

The Miami attorneys negotiated a $57 million settlement with Volkswagen Group of America Inc. and its German parent to resolve a class-action lawsuit alleging four-door sedans built from 2009 to 2017 had defective suspension systems. The lawsuit alleged Volkswagen knowingly sold defective CC models. A class of about 300,000 vehicle owners and lessees claimed the […]