According to an article in today’s (February 7, 2014) Wall Street Journal, titled “Toyota Nears Deal to Settle Probe of Recall Disclosures” Toyota is close to finalizing a deal to pay more than $1 billion to end a U.S. government criminal investigation of how it disclosed drivers’ complaints of unintended acceleration.
Notable excerpts from the article include the following:
In February 2010, NHTSA said the agency had confirmed that five people in two incidents had died as a result of accidents involving claims of unwanted acceleration.
In the ensuing three years, Toyota was fined four times by NHTSA for a total of $66.2 million for failing to report safety defects to the government in a timely manner. Three of those fines were related to issues concerning unwanted acceleration.
The unwanted acceleration issue gained national attention in 2009 after an off-duty California Highway Patrolman and his family were killed when their borrowed Lexus careened off the highway at around 120 miles an hour. The recording of a passenger’s last minute 911 call captured the driver’s frantic efforts to stop the vehicle.
Toyota faced hundreds of lawsuits over the issue. In February 2010, Toyota’s President Akio Toyoda was called to testify on the matter before Congress.
Additional details and possible updates can be seen in a variety of media sources, including the Wall Street Journal article mentioned above, as well as the February 8, 2014 UPI.com article titled “Settlement would end probe on how Toyota handled recalls.”
Should you be involved in a vehicle accident, there are certain actions you should take in order to protect your rights. Elman Joseph Law Group has compiled a reference document titled “10 Steps You Should Follow After an Auto Accident.”
Elman Joseph Law Group, LLC (ElmanLaw.com) is a law firm that concentrates in Personal Injury and Wrongful Death cases involving vehicle accidents (car, motorcycle, bike, bus, pedestrian, truck, etc.) This intense focus allows us to consistently achieve winning verdicts and settlements for our clients.
Should you be involved in a car accident, there are certain actions you should take in order to protect your rights. You should not assume – especially without proper legal representation – that you will receive appropriate compensation for your injuries, hardships and/or losses. To immediately speak directly with a trial lawyer from the Elman Joseph Law Group, call (773) 392-8182 at any time. There is no fee for this consultation.