Posted: Dec 26, 2012 1:54 PM by Associated Press
LOS ANGELES (AP) - A plaintiffs' attorney says Toyota Motor Corp. has reached a settlement in a case involving hundreds of lawsuits over accelerations problems.
Steve Berman said Wednesday the settlement, which still needs a federal judge's approval, was worth more than $1 billion and is the largest settlement in U.S. history involving automobile defects.
Toyota has recalled more than 14 million vehicles worldwide due to acceleration problems in several models and brake defects with the Prius hybrid. Toyota has blamed driver error, faulty floor mats and sticky accelerator pedals for the unintended acceleration.
A phone message left with Toyota's attorneys was not immediately returned.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
PLEASE HELP US MODERATE COMMENTS
Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at email@example.com, and include the name of the story and information on the comment.
Thank you! KSBY.com
Get deals up to 80% off here!
Find the lowest gas prices in your area
Submit your photos to KSBY
Check out our calendar of events
Save with Hot Deals across our counties!
Events across the Central Coast
Follow The CW5 on Facebook.
The KSBY online public file.
What do you think? Leave us your feedback.
KSBY is your official CA Lottery station for San Luis Obispo and Santa Barbara Counties