New Videos Explain Benefits Available to VW, Audi, and Porsche Owners and Lessees Under the 3.0-Liter Volkswagen TDI Emissions Fraud Settlement

New VW Videos

Two new videos have been released providing in-depth information on the benefits available to class member owners and lessees of Volkswagen, Audi, and Porsche vehicles with 3.0-liter engines affected by the diesel emissions fraud. One video relates to “Generation One” vehicles, Volkswagen Touareg (models years 2009-2012) and Audi Q7 (model years 2009-2012), and a second video relates to Generation Two vehicles, VW Touareg (model years 2013-2016), Audi Q7 (model years 2013-2015), Audi A6, A7, A8, A8L, and Q5 (model years 2014-2016), and Porsche Cayenne (model years 2013-2016). [Read more…]

New Rule from Consumer Financial Protection Bureau Would Restore Consumers’ Rights to Collective Action Against a Predatory Financial Industry

Banks Get Boot from Forced Arbitration

If the new Rule is approved, banks will no longer be able to use forced arbitration clauses to ban consumers from joining together in class action lawsuits, seen as most effective consumer option in fighting illegal practices

After an extensive new study that conclusively proved how unfair and destructive fine print “forced arbitration” clauses have been for consumers, the Consumer Financial Protection Bureau (“CFPB”) has issued a new rule forbidding banks from forcing consumers into non-trial unbalanced arbitration hearings as their only recourse when a bank has cheated them. If approved, this landmark rule will be a huge gain for consumers, who have been suffering from bank schemes and illegal manipulations without any real means to fight back. [Read more…]