Litigation
Jan. 1, 2013
Judge preliminarily approves $1.3 billion settlement in Toyota litigation
U.S. District Court Judge James V. Selma indicated he would approve the deal between Toyota Motor Corp.and a class of current and former Toyota owners that could wind up covering more than 19 million people.
Daily Journal Staff Writer
A federal judge Friday gave preliminary approval to an estimated $1.3 billion settlement in a class-action lawsuit involving allegations of unintended acceleration in Toyota vehicles.
U.S. District Court Judge James V. Selna indicated he would approve the deal between Toyota Motor Corp. and a class of current and former Toyota owners that could wind up covering more than 19 million people.
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