Plaintiffs counsel could seek as much as $7.35 billion from Toyota to compensate consumers for the diminished value of their vehicles in the wake of reports of sudden unintended acceleration, a lawyer said Wednesday. "I think we're blazing a new trail," said attorney W. Daniel Miles III. The first hearing in the multidistrict litigation is scheduled for today in California federal court. The court is expected to discuss which plaintiffs lawyers will serve on the lead counsel committees in the case.
May 13, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Plaintiffs counsel could seek as much as $7.35 billion from Toyota Motor Co. to compensate consumers for the diminished value of their vehicles in light of problems with sudden unintended acceleration, one of those lawyers said on Wednesday.
“I think we’re blazing a new trail,” said W. Daniel “Dee” Miles III, a partner at Beasley, Allen, Crow, Methvin, Portis & Miles in Montgomery, Ala. He said the Toyota cases come with unique circumstances compared to other consumer class actions.
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