Use The Right Model For Auto Defect Suits

Law360, New York (July 09, 2013, 12:56 PM ET) -- Automobile companies continue to be the focus of consumer class actions alleging that they sold defective vehicles. Recent lawsuits have claimed significant flaws in braking systems, on-board navigation systems, power windows and convertible tops. One of the damages theories plaintiffs commonly propose in these matters is that the accused vehicles have diminished in value.

To evaluate these claims, attorneys often engage economic experts who rely on regression analysis to assess whether the depreciation rate of the accused vehicles is higher than that of a benchmark set...
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