Top Class Actions
Toyota: “Moving Forward” Alright. This week is really the week of the Toyota class action. I have to be honest—I’ve lost count as to the number of lawsuits that have been filed, but I did see a report today that put the number at 29, and counting. That may just be some kind of world record.
At the heart of the issue is the now infamous sticking gas pedals. (It puts a whole new spin on the expression ‘give it some gas’—and certainly creates a little irony for Toyota’s tagline: moving forward.)
Of course, it’s not really funny, given that hundreds if not thousands or possibly millions of people will be at the very least inconvenienced by the recalls, now totalling some eight million cars—but it will also affect people’s livelihoods, and at worst there are reports of injuries.
In the highly unlikely event you’ve not heard about this issue, you can find more out all the recalls here.
Overdoing the Overdraft thing. Again. Yet another overdraft fees lawsuit was filed this week, this time the accused party is Fifth Third Bank. The lead plaintiffs in this lawsuit allege that they were illegally charged overdraft fees for purchases made on the ATM and debit cards, even when they had enough funds in their accounts to pay Continue reading “Week Adjourned: 2.5.10”