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U.S. Hearing to Update Status of 500 VW Diesel Lawsuits
A hearing today in a U.S. District Court in San Francisco will report on the status of efforts to resolve some 500 lawsuits filed against Volkswagen AG and others over the carmaker’s sale of 580,000 diesels that were rigged to evade emission limits.
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A hearing today in a U.S. District Court in San Francisco will report on the status of efforts to resolve some 500 lawsuits filed against Volkswagen AG and others over the carmaker’s sale of 580,000 diesels that were rigged to evade emission limits.
The cases are consolidated before Judge Charles Breyer, who appointed former FBI director Robert Mueller in January to help manage the settlement process.
The lawsuits charge VW with consumer fraud, breach of contract and racketeering. Lawyers representing the plaintiffs summed up the cases in a 719-page complaint submitted to the court earlier this week. The filing charges VW, diesel systems supplier Robert Bosch GmbH and a long list of VW executives.
Reuters says the filing petitions the court to order VW to pay “substantial” damages and buy back the affected vehicles.
Last month VW hired compensation expert Ken Feinberg to set up an out-of-course settlement program for affected customers throughout the U.S. But Feinberg says he can’t proceed until VW and regulatory officials agree on the terms of a recall to fix the vehicles.
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