$1.3 Billion Settlement Reached in Toyota Acceleration Class Action

Toyota has agreed to pay more than $1 billion to settle multi-district litigation over financial losses associated with acceleration problems reported in some Toyota and Lexus vehicles. The Japanese car maker and plaintiffs lawyers filed a copy of their proposed settlement Wednesday in federal court in Orange County, California.

This article requires premium access

This article requires premium access to The AmLaw Litigation Daily. Please sign in or subscribe to read the full text.