The Los Angeles Times reported today that Toyota Motor Company has announced an agreement worth more than $1 billion to settle a lawsuit involving unintended acceleration in some of its vehicles. Under the terms of the settlement filed yesterday in California, Toyota will install a brake-override system in an estimated 3.25 million vehicles and compensate car owners for the alleged reduced value of the vehicles.
After a number of crashes and in some cases even deaths, the investigation by the National Highway Traffic Safety Administration (NHTSA) concluded that floor mats could entrap pedals in Toyota vehicles, causing an unintended acceleration of the vehicle. This finding led to the Japanese automaker issuing its largest recall ever.
Benny Agosto, Jr. is a partner at Abraham, Watkins, Nichols, Agosto, Aziz & Stogner in Houston, Texas. For over 65 years, Abraham Watkins has successfully represented injured people and families who fall victim to catastrophes. Our attorneys have the knowledge, experience and resources necessary to obtain just compensation their clients. For more information, please contact the office of Benny Agosto, Jr. at Abraham, Watkins, Nichols, Agosto, Aziz & Stogner, by letter at 800 Commerce Street, Houston, Texas 77002, or by telephone (713) 222-7211.