Fresh Off $42M Settlement, Miami Lawyer Says 'It's About Time' South Florida Judges Receive More MDLs
"The stats show that about half, or little bit more than half, of cases in the federal courts are MDLs."
September 16, 2021 at 02:27 PM
5 minute read
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. air bag inflators, which prompted the largest car safety recall in U.S. history.
Volkswagen Group of America Inc. has agreed to shell out $42 million, making it the eighth of 11 automaker defendants to settle with consumers over its use of Takata air bags in more than 1.3 million Volkswagen and Audi vehicles.
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