Posted on behalf of Stephens, Anderson & Cummings on Oct 16, 2014 in Product Liability
Only one day after increasing the number of fatal accidents associated with its February ignition switch recall, automaker General Motors (GM) has been hit with a lawsuit seeking more than $10 billion for the diminished value of 27 million recalled vehicles.
The lawsuit has class action potential, with the complaints of hundreds of consumers having been consolidated into two cases.
In the first, individuals are seeking compensation from New GM due to recalls that took place between July 2009 and July 2014, or after it received a bailout. To join this suit, claimants may still possess their vehicle, have sold it at a reduced price, or have been involved in an accident because of flawed components.
The complaint, filed October 15 in a Manhattan federal court, alleges that GM attempted to conceal at least 60 serious vehicle defects in a number of recalled models. The suit also notes that GM-branded vehicles have diminished in value considerably since the barrage of recalls began.
In 2014, GM vehicles have been recalled over a host of issues, including flawed ignition switches, defective airbags, failing brake lights and sensing devices, and more.
The second suit GM is currently engrossed in focuses on ignition switch flaws made before the company filed for bankruptcy. A judge is expected to rule on whether older claims for accidents and economic losses will be allowed in that case next year.
If you or someone you love was injured in a defective vehicle, you have rights that deserve to be upheld. Contact the product liability attorneys at Stephens, Anderson & Cummings today for a FREE case review. Our experienced attorneys are ready to fight for you today.
Call 877-920-9009 today, or fill out our free case evaluation form.