This ton of lawsuits will keep Toyota’s recalls in the news for a very long time.

“For the Japanese auto maker, which declined to comment for this story, billions of dollars in legal liability could be at stake as it fights suits tied to its recalls of vehicles because of sudden-acceleration issues.

“The lawyers’ quest is a pot of as much as $500 million in fees. Only a few will share it.

“More than 100 lawyers have filed more than 75 federal civil suits. Most of them aim to hold Toyota responsible for a drop in the resale value of its vehicles.”

by Dionne Searcey

via In Fight Over Toyota Suits, Plaintiffs’ Lawyers Pull Out All the Stops – Law Blog – WSJ.

Advertisements