August 06, 2013
Several law firms asked a California federal court Monday to award them $8.25 million in attorneys' fees and reduce the class counsel fee award by roughly $87 million in Toyota Motor Corp.'s $1.1 billion settlement of claims stemming from its recall of vehicles that suffered sudden unintended acceleration.
July 19, 2013
Toyota Motor Corp. won final approval Friday for its $1.1 billion settlement with a proposed class of roughly 23 million customers over the Japanese automotive giant's recalls for defects in its vehicles that caused sudden unintended acceleration.
June 14, 2013
A California federal judge Friday delayed final approval of Toyota Motor Corp.'s $1.1 billion settlement with car buyers who claim that recalls for defects causing sudden unintended acceleration hurt their vehicles' value, stating he wanted to see more information on how the cash will be distributed to 22.6 million putative class members.
May 14, 2013
Several class members on Monday objected to Toyota Motor Corp.'s proposed $250 million settlement that would compensate consumers for the loss in vehicle value allegedly caused by an acceleration defect, saying the deal interferes with other litigation and doesn't adequately compensate certain class members.
April 02, 2013
Toyota Motor Corp. told a California federal court on Monday that it should not be forced to set aside funds for plaintiffs' attorneys, on top of the settlements or judgments paid to plaintiffs, in multidistrict litigation over an alleged acceleration defect.
March 22, 2013
Toyota Motor Corp. and plaintiffs allegedly injured by an acceleration defect proposed plans for moving forward with multidistrict litigation on Thursday following the settlement of most of the claims against the company, with the parties at loggerheads over bellwether selection and discovery.
January 16, 2013
A bellwether lawsuit in multidistrict litigation against Toyota Motor Sales USA Inc. over an alleged unintended-acceleration defect will not see trial following a confidential settlement reportedly reached between the parties Wednesday.
January 02, 2013
Toyota Motor Corp. will not dispose of lawsuits in multidistrict litigation claiming an unintended acceleration defect caused death or injury as neatly as it did related economic loss claims resolved in a $1 billion-plus settlement last week, given the differences among the suits and the high stakes presented by each case, experts say.
November 13, 2012
A California federal judge on Friday rejected Toyota Motor Corp.'s bid to strike plaintiffs' expert testimonies from multidistrict litigation over an alleged unintended acceleration defect, saying the reports at issue were timely and included bonafide rebuttals to Toyota's own expert testimony.
October 02, 2012
Toyota Motor Corp. sought Monday to disallow plaintiffs' expert testimony from multidistrict litigation in California over an alleged unintended acceleration defect, arguing it was too late to introduce a theory that purportedly indicates its vehicles do not address software glitches.