On top of federal fines totaling more than $66 million over of unintended acceleration in its vehicles, Toyota Motors has also agreed to pay $1.1 billion to settle a class-action suit by car owners who claimed economic loss because of the gas pedal problem. The Japanese carmaker also agreed to install a brake-override system in cars where acceleration pedals got stuck in floor mats, according to news reports of the settlement. And Toyota will set up a $250 million fund to be paid to former Toyota owners who sold their autos at reduced values because of their bad publicity over the vehicles. It is estimated that roughly 16 million current owners will be eligible for a warranty plan over the next three to 10 years being provided by Toyota on parts linked to unintended acceleration. What the settlement does not cover is possible product liability or personal injury lawsuits. Learn more about product liability lawsuits …
Toyota settles class-action suit for $1.1 billion
Serving Pennsylvania, New Jersey, Delaware, New York & Nationwide
“The most powerful
plaintiffs firm in the city”
- Philadelphia Business Journal
We have an unmatched staff of five doctor-lawyers working full-time for our firm. No other law firm in the United States has as many physicians on staff.
We work closely with you to help ensure you receive every bit of legal, medical, insurance and financial assistance to which you are entitled.
We care about making things right. In a lot of cases, that means getting you more than just money. Our cases have resulted in safety improvements in medical care, consumer products, mass transit, motor vehicles, public utilities, police conduct and more.
We provide free case reviews and we work on a contingent fee basis, meaning we don’t get paid unless you win.
"*" indicates required fields
Latest News
What to Do After a Fall at Work: 4 Steps Injured Employees Should Take
A fall at work can change your life in seconds. Whether they occur at a construction site, warehouse, or office, falls are one of the leading causes of workplace injuries, and many result ...
Read More Can Medication Errors During Labor Cause Birth Injuries?
Medication errors during labor are a hidden but serious risk. In high-stress delivery settings, even small mistakes like incorrect dosages or delayed administration can cause devastating harm to newborns. For ...
Read More Join Our Mailing List
"*" indicates required fields
