Toyota Unintended Acceleration Lawsuit

Toyota Economic Loss Settlement Website - RF CafeWebsite visitor Michael L. sent me a note about the settlement of the class action lawsuit against Toyota for the claim that some of their cars accelerated unintentionally when the drivers ostensibly hit the brake pedal. It was an out-of-court deal to avoid a judge and jury debacle. Keep in mind when you read the following excerpt from the FAQ page that Class Members will receive a whopping 37 to 125 dollars each for payment or have an electronic control module modification installed. "How will the lawyers be paid? Class Counsel will ask the Court for Attorneys' Fees not to exceed $200 million, plus up to an additional $27 million in costs and expenses. These fees and expenses will go to the multiple plaintiffs' firms and approximately 85 attorneys who worked on the litigation." Ah, what a bunch of Good Samaritans those guys are.



Posted  January 2013