A U.S. magistrate judge in New Jersey has approved a $69 million settlement in a nationwide class action by owners of Volkswagens and Audis whose interiors leaked during rainstorms. The settlement also provides for $9.2 million in fees and $675,000 in costs for the two class-counsel firms. The suit covered about 3 million vehicles and 5.5 million class members who claimed violations of the New Jersey Consumer Fraud Act as well as breach of express and implied warranty and breach of the duty of good faith and fair dealing.
August 05, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A U.S. magistrate judge in Newark, N.J., on Tuesday approved a $69 million settlement in a nationwide class action by owners of Volkswagens and Audis whose interiors leaked during rainstorms.
The settlement also provides for $9.2 million in fees and $675,000 in costs for the two class-counsel firms. In addition, nine class representatives each will receive $10,000 in compensation.
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