Volkswagen (VW) has hired legal expert Kenneth Feinberg to handle customers claims resulting from VWs recent diesel emissions scandal. Feinberg's extensive experience as one of the leading victim compensation attorneys includes handling compensation for 9/11 victims in 2001, as well as the BP oil spill in the Gulf of Mexico in 2010.
More recently, he determined that 124 deaths and 275 injuries were the result of General Motors defective ignition switches.
This year, regulators found that two and three liter diesel engines from VW, Audi and Porsche vehicles were rigged with illegal software to beat U.S. government emissions tests. Volkswagen is currently cooperating as investigations are underway that will most probably result in many civil, criminal and regulatory lawsuits in the U.S. and abroad.
Feinberg will begin to respond to over 500,000 claims in two-liter diesel engines, and another 85,000 claims in three-liter diesel engines. Currently, he would not say how he would resolve these claims, stating that it is too early to determine.
Recalling the vehicles and repairing the problem would reduce the performance of the cars. A possibility may include Volkswagen buying back cars. Several lawsuits have already been filed on behalf of customers.
The company has not yet said how it plans to repair vehicles to keep them in compliance with US government emissions. U.S. Environmental regulators will meet with Audi and VW this week to discuss possible solutions.
Meanwhile, many new senior executives of VW and Audi have been hired to accelerate the process.
The attorneys at Greg Coleman Law are currently pursuing legal action against Volkswagen on behalf of customers who have been defrauded. Contact us today for a no-cost initial consultation to see if you are eligible to file a Volkswagen emissions lawsuit.