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Toyota settles accelerator claim

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By Neal B. Strom of Strom & Associates, Ltd. posted in Car Accidents on Friday, October 25, 2013.

After an Oklahoma jury returned a $3 million verdict against Toyota in a defective accelerator case, the parties agreed to a confidential settlement before the jury determined whether punitive damages should be awarded. The amount of the settlement is confidential.

Previous trials in New York and California stemming from unintended acceleration had absolved Toyota of liability. The Oklahoma verdict is the first against Oklahoma in a string of law suits arising from 2009 acceleration issues.
Over 700 possible suits against Toyota arising from alleged faulty accelerators are still pending.

Tags: #Toyota #ClassAction #MotorVehicle #Settlement #PunitiveDamages #Verdict

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About the Author
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Kevin Yen is a partner with the law firm. Kevin has dedicated his professional career helping injury victims for over 25 years. He believes in sharing his knowledge and experience of the personal injury industry with the general public so that they can be smart consumers and not be exploited or mistreated. In addition to his blogs, articles and other writings, he also volunteers his time with a number of free legal aid clinics including churches and community outreach centers.