Volkswagen has hired attorney Kenneth Feinberg, the same man who was responsible for handling the GM ignition switch compensation fund.
Feinberg will be in charge of designing and administering an independent claims resolution program for the German automaker’s recent TDI scandal. Volkswagen is turning to Feinberg’s expertise and believes the veteran attorney will develop an independent, fair and swift process for resolving claims related to 2.0- and 3.0-liter TDI vehicles.
Feinberg will begin work immediately on designing an independent claims process with the input of Volkswagen, vehicle owners, their lawyers and other interested parties.
He is considered one of the nation’s top compensation experts and not only handled the GM ignition switch fund but the BP Gulf oil spill and the Boston Marathon bombing.
Volkswagen is still working with the Environmental Protection Agency (EPA) on a fix for the vehicles affected in the U.S. It recently got European approval for a fix that will commence next year.
“We are pleased to announce the retention of Kenneth Feinberg. His extensive experience in handling such complex matters will help to guide us as we move forward to make things right with our customers,” said Michael Horn, President and CEO, Volkswagen Group of America.
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