Toyota Agrees to Fund a Settlement of Unintended Acceleration Cases Worth Up to $1.4 Billion

more+
less-

The attorneys representing Toyota (NYSE:TM) owners who claim that their vehicles are prone to sudden, unexplained acceleration today announced that Toyota has agreed to a settlement valued between $1.2 and $1.4 billion, which includes direct payments to consumers as well as the installation of a brake-override system in an estimated 3.25 million vehicles.

LOADING PDF: If there are any problems, click here to download the file.