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A U.S. District Judge has put a preliminary stamp of approval to a settlement valued at more...

  • Friday, December 28, 2012, 7:09 PM ET
    A U.S. District Judge has put a preliminary stamp of approval to a settlement valued at more than $1B between Toyota (TM) and an estimated 19M current and former Toyota owners who claim their vehicles contain defects causing sudden, unintended acceleration. A fairness hearing will be held on June 12 to give the proposed settlement final approval.
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This news story has 3 comments:

  •  
    Wow! a whole $52 for each claimant. That'll show Toyota.
    29 Dec 2012, 01:39 AM Reply Like
  •  
    More like $2 per claimant with the rest going to the lawyers who got the settlement for them on this mostly imaginary problem.
    29 Dec 2012, 08:19 AM Reply Like
  •  
    customers will get a 5$ coupon to denny's?

    lawyers will get 100 million.

    fair?
    29 Dec 2012, 06:59 AM Reply Like
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