As plaintiffs’ lawyers prepare to file their consolidated class action on behalf of Toyota consumers, they face an obstacle that has prevented similar claims from advancing in the past: Class members didn’t actually suffer physical injuries.
The class members assert that they suffered economic injuries because their vehicles declined in value following recalls tied to sudden acceleration problems. Courts have rejected similar argument in class actions brought under products liability laws, according to plaintiffs’ lawyers who spoke during a March conference on the Toyota litigation.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
