CP4

DocuSign Announces First Quarter Fiscal 2024 Financial Results

Retrieved on: 
Thursday, June 8, 2023

SAN FRANCISCO, June 8, 2023 /PRNewswire/ -- DocuSign, Inc. (NASDAQ: DOCU), which offers the world's #1 e-signature product as part of its industry leading lineup, today announced results for its fiscal quarter ended April 30, 2023.

Key Points: 
  • SAN FRANCISCO, June 8, 2023 /PRNewswire/ -- DocuSign, Inc. (NASDAQ: DOCU), which offers the world's #1 e-signature product as part of its industry leading lineup, today announced results for its fiscal quarter ended April 30, 2023.
  • "DocuSign's first quarter results, coupled with traction on our strategic objectives reflect a solid start to the year," said Allan Thygesen, CEO of DocuSign.
  • As we continue to execute on our strategy and leverage our competitive advantages, notably in AI, DocuSign is well positioned for the future."
  • DocuSign appointed the following  key new leaders:
    Blake Grayson as Chief Financial Officer.

Hagens Berman: Judge Allows Class-Action Lawsuit to Continue for Owners of Defective GMC and Chevy Diesel Trucks

Retrieved on: 
Monday, April 3, 2023

If you own an affected GMC or Chevy vehicle from a GM-authorized dealership, find out your rights.

Key Points: 
  • If you own an affected GMC or Chevy vehicle from a GM-authorized dealership, find out your rights.
  • According to experts, the affected vehicles’ CP4 pump design is fragile and fundamentally flawed in several respects, and incompatible with diesel fuel sold in America.
  • Repair costs range from $8,000-$20,000 and, since the “repair” consists of installing an identical replacement CP4 pump, still leaves owners with defective vehicles.
  • Owners are therefore subject to the inconvenience of an unreliable vehicle, repair costs, and the potential safety hazard of unexpected engine failure.

Federal Judge Certifies Seven State Classes in Multistate CP4 Fuel Pump Defect Class Action

Retrieved on: 
Monday, April 3, 2023

It is clear that the CP4 fuel pump cannot work properly in U.S. vehicles.

Key Points: 
  • It is clear that the CP4 fuel pump cannot work properly in U.S. vehicles.
  • The Court ultimately certified seven state classes with the following class definitions:
    1.
  • Notably, GM discontinued the use of the CP4 altogether after the 2016 model year, after seeing scores of CP4 fuel injection pump failures.
  • Plaintiffs' theory of liability is that the design of the CP4 pump itself is defective."

Hagens Berman: Owners of Nissan Titan XD Diesel Trucks Sue Automaker and Engine Manufacturer, Cummins, for Defective CP4 Fuel Pump that Induces Engine Failure

Retrieved on: 
Monday, March 27, 2023

Affected Nissan diesel trucks are installed with the defective Bosch CP4 high-pressure fuel injection fuel pump and can fail suddenly and without warning at any time, causing a total fuel system failure and consequential engine failure.

Key Points: 
  • Affected Nissan diesel trucks are installed with the defective Bosch CP4 high-pressure fuel injection fuel pump and can fail suddenly and without warning at any time, causing a total fuel system failure and consequential engine failure.
  • The trucks retail for approximately $40,000 to $80,000, and comparable diesel trucks are traditionally expected to last 500,000-800,000 miles.
  • The CP4 pump was designed and built to the specifications of European diesel, not U.S. diesel fuel, which is less lubricous.
  • When used with U.S. diesel, parts of the CP4 fuel injector can wear down, generating metal shavings that contaminate the fuel system.

Hagens Berman: Lawsuit Reveals Fiat Chrysler has no Fix for Dodge Ram CP4 Defect Posing “Imminent Safety Risk”

Retrieved on: 
Wednesday, November 24, 2021

On Oct. 14, 2021, NHTSA opened a formal investigation into 2019 2020 Ram diesel trucks.

Key Points: 
  • On Oct. 14, 2021, NHTSA opened a formal investigation into 2019 2020 Ram diesel trucks.
  • According to the National Highway Traffic Safety Administration (NHTSA)s website, Fiat Chrysler told dealers that [t]he remedy for this condition is not currently available.
  • Fiat Chrysler has known about this defect and yet admits to having no remedy for what federal authorities have called an imminent safety risk.
  • The lawsuit accuses the automaker and engine manufacturer of colluding to conceal the critical fuel pump defect and its safety risk affecting roughly 600,000 owners and lessors.

Hagens Berman: Fiat Chrysler Recalls 250,000 Heavy-Duty Dodge Ram Trucks Amid CP4 Pump Defect and Lawsuit

Retrieved on: 
Wednesday, November 17, 2021

Following a U.S. class-action lawsuit regarding a CP4 fuel pump defect in Fiat Chrysler and Cummins Dodge Ram Heavy Duty trucks , the automaker and its parent company Stellantis have now recalled nearly 250,000 Heavy Duty Ram diesel trucks globally, according to attorneys at Hagens Berman.

Key Points: 
  • Following a U.S. class-action lawsuit regarding a CP4 fuel pump defect in Fiat Chrysler and Cummins Dodge Ram Heavy Duty trucks , the automaker and its parent company Stellantis have now recalled nearly 250,000 Heavy Duty Ram diesel trucks globally, according to attorneys at Hagens Berman.
  • The vehicles affected by the recall are 2019 and 2020 Ram 2500 and 3500 heavy-duty pickups and Ram 3500, 4500 and 5500 chassis cab trucks that are equipped with 6.7-litre Cummins turbodiesel engines.
  • The lawsuit accuses the automaker and engine manufacturer of colluding to conceal the critical fuel pump defect and its safety risk affecting roughly 600,000 owners and lessors.
  • Hagens Berman has filed six other class-action lawsuits against Ford, FCA and GM concerning the dangerous CP4 fuel injection pump in other diesel trucks.

Hagens Berman: Consumers Sue Fiat Chrysler and Cummins for Defective Fuel Pump in Dodge RAM Heavy Duty Diesel Trucks

Retrieved on: 
Saturday, October 23, 2021

Leading consumer rights law firm Hagens Berman today filed a class-action lawsuit against Fiat Chrysler (FCA) and Cummins on behalf of 600,000 owners and lessors of 2018 2020 Dodge RAM Heavy Duty Cummins-equipped diesel trucks containing a defective CP4 fuel injection pump.

Key Points: 
  • Leading consumer rights law firm Hagens Berman today filed a class-action lawsuit against Fiat Chrysler (FCA) and Cummins on behalf of 600,000 owners and lessors of 2018 2020 Dodge RAM Heavy Duty Cummins-equipped diesel trucks containing a defective CP4 fuel injection pump.
  • If you own or lease a 2018 2020 Dodge RAM 2500, 3500, 4500 or 5500 Heavy Duty diesel truck with a 6.7-liter Cummins turbodiesel engine, find out more about the lawsuit and your rights.
  • The lawsuit says FCA and Cummins knew Boschs CP4 pump design was incompatible with American diesel fuel.
  • Hagens Berman has filed seven class action lawsuits against Ford, GM and FCA concerning the dangerous CP4 fuel injection pump in other diesel trucks.

Federal Judge Rejects General Motors' Argument that Fuel Pump Defect a "Mere Inconvenience"

Retrieved on: 
Saturday, March 28, 2020

Once these metal shards have sufficiently contaminated the high-pressure fuel injection system, the CP4 fuel pump will suddenly and catastrophically fail oftentimes while the vehicle is in motion and become unable to restart.

Key Points: 
  • Once these metal shards have sufficiently contaminated the high-pressure fuel injection system, the CP4 fuel pump will suddenly and catastrophically fail oftentimes while the vehicle is in motion and become unable to restart.
  • Becausethe CP4 pump exerted higher pressure to increase fuel efficiency, it destroyed the fuel injection system and the engine altogether.
  • 2:18-cv-00455, pending before the Honorable Judge Nelva G. Ramos in the U.S. District Court for the Southern District of Texas.
  • His cases have been covered by The New York Times, Wall Street Journal, NBC, ABC, CBS and Fox News.