Warranty Claims Spike, Target Tesla After FTC Action
Stephen Piepgrass, a partner with Troutman Pepper, was quoted in the April 13, 2023 National Law Journal article, " Warranty Claims Spike, Target Tesla After FTC Action."
Stephen Piepgrass, a partner at Troutman Pepper and leader of the firm's Regulatory Investigations, Strategy + Enforcement, or RISE group, said it was a common path.
"Plaintiffs attorneys watch what the regulators are doing and, to the extent they think claims may be cognizable, they will bring them and use the FTC action as a model," he said.
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Piepgrass, meanwhile, said he's already telling clients to try and get ahead of these fights.
"This is very much a trend and we're expecting to see more of it," he said. "Especially when it comes to Magnuson-Moss claims."