SAN DIEGO AP – A special panel of U.S. federal judges is being asked Thursday to consolidate before a single court dozens of proposed class-action lawsuits filed by Toyota owners who say the value of their vehicles has plummeted after millions were recalled for safety fixes.
The decision, expected in about two weeks by the seven-member U.S. Panel on Multidistrict Litigation, will set the stage for eventual trial or settlement of the roughly 100 cases filed nationwide, which could potentially cost Toyota billions of dollars in damages.
