Tag: courts

By on September 24, 2015

2015-Audi-A3-TDI-Sportback-5

Only hours after Friday’s announcement that the Environmental Protection Agency notified Volkswagen that its cars were illegally polluting, David Fiol, a personal injury attorney in San Francisco, had filed a class-action lawsuit through a Seattle law firm in federal court.

He wasn’t alone either. Reuters reported that at least 25 class-action lawsuits were filed within hours of the EPA’s announcement as lawyers line up to take the lead on what could be one of the largest lawsuits against an automaker in history. Being the lead firm could be lucrative for the lead attorneys: A $2.65 billion 2006 judgement against AOL Time Warner on behalf of shareholders netted the lead firm’s owners $70 million in fees.

And according to the report, law firms don’t have to look far for clients. Many attorneys are VW TDI owners — a clear downside for having an highly educated customer base.

(Read More…)

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