Polaris suit update
Polaris Investors Slam Company’s Attempt to Downplay Liability
July 19, 2017
A group of investors in off-road vehicle manufacturer Polaris took the company to task for arguing that its vehicles that injured customers were the result of run-of-the-mill mismanagement.
The court filing argues that Polaris engaged in deception and fraudulent business practices by failing to address its products’ potentially injurious defects in a timely fashion.
Central to the case are the plaintiffs’ claims that Polaris concealed information about vehicles built with a defect that allowed oil and fuel to leak onto hot engine and exhaust components, thereby posing burn, injury, and fatality risks. Several hundred complaints have been filed against Polaris about these alleged defects.
The case argues that Polaris attempted to pass off its decline in profits as run-of-the-mill responses to economic fluctuations, rather than as a result of the after-effects of the damage claims that tarnished the company’s image.
The investors claim that Polaris’s motivation for the alleged cover-up was that the company was facing increased competition at the time of the complaints, and responded by attempting to cover up any negative news.
If you’ve been injured by a defective off-road vehicle, such as an ATV or snowmobile, you may have a case. Contact the expert attorneys at TheLawFirm.com right away.
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