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Toyota to pay at least $1.2 billion to settle sudden-acceleration lawsuit

Toyota

Toyota Motor Corp. has agreed to pay between $1.2 billion and $1.4 billion to settle a class-action lawsuit filed in 2010 over allegations of unintended acceleration in some of its vehicles.

 

WaMu Settles Class-Action Suit

Washington Mutual agreed to settle a large shareholder class-action lawsuit for $208.5 million that alleged it failed to stop investments when the now-failed bank knew, or should have known, how much trouble it was in.

Senh: It's good to see some of these banks finally paying for the damage they've caused.

 

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