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VW Settlement Is A Tobacco-Style Bonanza For Owners, Lawyers, AGs And Even Elon Musk.

Authors :
Fisher, Daniel
Source :
Forbes.com; 6/28/2016, p1-1, 1p
Publication Year :
2016

Abstract

The article reports that a roster of the biggest class-action firms will get an unspecified but huge amount of fees, likely measured in the billions. It reports on the 15 billion dollars Volkswagen (VW) settlement the government and private attorneys announced. It states that the settlement does promise full restitution to consumers plus a few thousand more in cash and a path for VW to mitigate the damage it caused by spreading excess nitrogen oxide, a lung irritant.

Details

Language :
English
Database :
Complementary Index
Journal :
Forbes.com
Publication Type :
Periodical
Accession number :
116530930