GM hit with $10 billion lawsuit saying recalls damaged brand

[99EldoETC 9]

Excerpt via: whatreallyhappened.com

According to a complaint filed on Wednesday with the federal court in Riverside, California, GM hurt customers by concealing known defects and valuing cost-cutting over safety, leading to roughly 40 recalls covering more than 20 million vehicles this year alone.

It said this has caused a variety of late-model vehicles to lose roughly $500 to $2,600 in resale value.

Hagens Berman Sobol Shapiro, which filed the lawsuit, said the case could be worth more than $10 billion, and is the first seeking to force GM to pay a potential 15 million car and truck owners, not just those whose vehicles were recalled, for damage to its brand and reputation.

The case is Andrews v. General Motors LLC, U.S. District Court, Central District of California, No. 14-01239.

Read more

[cdgrinci 26]

Well the charge is false; retail value for most GM vehicles has stayed on par with other cars (and some have even beaten average prices). Whether, through legal-speak (lawyers lying, in regular speak) they get anywhere with this suit, who can tell. Maybe it will get thrown out (even before arguments); it has been reported in the newspaper and on online sources that devalued pricing has just not occurred (with the vehicles affected).

[Bruce Nunnally 293]

This sort of suit only seems to serve to make the lawyers rich and is a good example for the benefit of torte reform.

[Texas Jim 34]

What do you call 1000 lawyers at the bottom of the ocean???

A good start....LOL

[KHE 136]

What do you call 1000 lawyers at the bottom of the ocean???

A good start....LOL

How do you save a lawyer from drowning? Take your foot off his head.

[cdgrinci 26]

A priest, a rabbi and a lawyer are caught in the surf (trying to get back to shore) when man eating sharks head their way. Poof, the shark 'takes' the priest, closely followed by the rabbit, yet the lawyer finally gets to shore unscathed. So how did the lawyer make it without being devoured: professional courtesy

[Cadillac Jim 171]

A Frenchman, an Englishman, a Mexican, and a Texas lawyer were flying over water in a small plane when the engine started sputtering. The pilot said to throw everything overboard so that they had a chance to make it to land. After the interior was stripped, the pilot said that they needed to lose more weight or they wouldn't make it. The Frenchman jumped out, exclaiming "Viva la France!" A few minutes later, the pilot gave yet another plea. The Englishman jumped out while yelling "God save the Queen!" Even so, the plane was getting low to the water and the pilot made one last plea. The Texas lawyer grabbed the Mexican and threw him out the door and yelled "Remember the Alamo!"

[KHE 136]

A Frenchman, an Englishman, a Mexican, and a Texas lawyer were flying over water in a small plane when the engine started sputtering. The pilot said to throw everything overboard so that they had a chance to make it to land. After the interior was stripped, the pilot said that they needed to lose more weight or they wouldn't make it. The Frenchman jumped out, exclaiming "Viva la France!" A few minutes later, the pilot gave yet another plea. The Englishman jumped out while yelling "God save the Queen!" Even so, the plane was getting low to the water and the pilot made one last plea. The Texas lawyer grabbed the Mexican and threw him out the door and yelled "Remember the Alamo!"

:lol:

[rockfangd 105]

lol.

I dont foresee anyone getting anywhere with this one.

GM is by far not the only ones doing this, All car makers are but do what they can to cover it up. Everyone has their shares.

lawyers would probably like to take advantage of it to rake in some money any way they can

[Cadillac Jim 171]

The problem with the trends and drifts in tort law is that in its current state it benefits pretty much just the lawyers. Plaintiffs that win get perhaps half the gross which then is eaten by snakes before they can cash the check. The difficulty with tort law reform is, well, most legislators are lawyers...