Shezad Malik Law Firm Dr Shezad Malik Law Firm has offices based in Fort Worth and Dallas and represents people who have suffered catastrophic and serious personal injuries including wrongful death, caused by the negligence or recklessness of others. We specialize in Personal Injury trial litigation and focus our energy and efforts on those we represent.

Seattle Couple Sue Toyota Over Vehicle’s Lost Value

A Seattle couple have sued Toyota in federal court, demanding that the company either take back the vehicle they just bought or reimburse them for its loss in value since the automaker’s sudden-acceleration troubles became news.

The lawsuit alleges that the issues plaguing Toyota violate the state’s Consumer Protection Act and amount to a breach of contract. The lawsuit is a proposed class action and, if certified by a federal judge, could apply to other Toyota owners in Washington with similar issues.

It claims more than 100 class members exist in Washington and that the damages in question will exceed $5 million.

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The complaint alleges that Dana and Douglas Weller bought a 2009 RAV4 in September and a short time later received a recall notice and took the vehicle in for repairs.

“However, based on news reports, plaintiffs do not believe that Toyota knows what is causing acceleration. Plaintiffs tried to sell the car and were told its value is 20 percent less than what it was worth less than six months ago,” the lawsuit alleges.

The lawsuit, filed by lawyer Steve Berman, references news stories saying that Toyotas have lost value as a result of the acceleration issues and says that “decrease reflects a real loss of value for used Toyotas.”

Toyota owners have filed at least 89 class-action lawsuits that, if successful, could cost the Japanese auto giant $3 billion or more, according to an Associated Press review of cases, legal precedent and interviews with experts.

As Toyota continues to deal with the recalls and wavering public confidence in its vehicle safety, its biggest financial fight may be in the courtroom. A key decision could come at a March 25 hearing in San Diego, Calif., where a panel of federal judges will consider whether to consolidate the mushrooming cases into a single jurisdiction.

After that, a judge will decide whether all claims filed by Toyota owners nationwide can be combined in a single legal action — known as “certifying a class” — and whether the claims have enough merit to move toward trial or settlement.

If you or a family member has been personally injured because of the fault of someone else: by the use of dangerous and defective drugs, defective cars, bad products, or toxic injury etc then please contact the Southlake Texas Defective Toyota Car Product Liability Attorney Dr. Shezad Malik. For a no obligation, free case analysis, please call 888-210-9693 or Contact Me Online.

The Dr. Shezad Malik Law Firm is currently evaluating and accepting Defective Toyota Car Acceleration cases.

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