Quote:
Originally Posted by mjposner
As an attorney I read this with some interest. The problem as I see it is that the class is small, the risk is high so few decent class action lawyers would be interested. So unless you got a hybrid case (low hourly plus 20%) instead of the usual 33-40% it ,might be hard to find good counsel. This case would require a bank of at least 50-100k to fight, with large chunks going to experts. The other issue I see is how many of the 66 documented failures were on modified or tracked engines. From just watching the threads, many were and this excludes any recovery.
So if 50 non-modded victims want to pony up $1,500 each, I'll talk to my class action guy about filing in Florida Federal Court and see what shakes out.
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My guess is that you will be buried in cost far exceeding $100,000 just getting this thing initiated and up and running. That 50 - 100 K is just a down payment. BMW has plenty of money to fight lawsuits and plenty of lawyers on hand....