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Toyota agreed to pay $32 million in fines to US government over safety defects [this day at law]
December 21, 2012 by Arjun Mishra
On December 21, 2010, the Toyota Motor Corporation agreed to pay a record-setting $32.4 million in fines to the Treasury Department for product defects and poor handling of a recall.The National Highway Traffic Safety Administration (NHTSA) conducted two separate investigations concerning five.... [more]
Toyota settles shareholder class action lawsuit
November 14, 2012 by Matthew Pomy
Toyota Motor Corp. agreed to a $25.5 million settlement on Tuesday in a class action lawsuit arising out of issues with unintended vehicle acceleration recalls in 2010. The lawsuit was brought by shareholders who argued that they were harmed by the company's recalls. They argue that the company's.... [more]
The Need to Reform Japanese Corporate Governance [op-ed]
November 15, 2011 by Jonathan Cohen
JURIST Guest Columnist Bruce Aronson of Creighton University School of Law says that recent corporate scandals in Japan highlight the need for the reform of that country's corporate governance structure, just as the Enron case did in the US...It has been two tough years for Japanese corporate.... [more]
Federal judge permits Toyota appeal of class action ruling
July 20, 2011 by Maureen Cosgrove
A judge for the US District Court for the Central District of California on Tuesday tentatively ruled that Toyota could appeal the ruling in a class action lawsuit filed over alleged sudden-acceleration defects. Judge James Selna denied a motion to dismiss the class action suit against Toyota in.... [more]
Federal judge refuses to dismiss Toyota acceleration lawsuit
May 1, 2011 by Drew Singer
A judge for the US District Court for the Central District of California on Friday denied a motion by Toyota to dismiss a class action lawsuit filed over the alleged sudden-acceleration defects. A final ruling is expected within the next two weeks. Last month, Judge James Selna agreed to dismiss.... [more]
Toyota agrees to pay additional $32 million in fines to US government over safety defects
December 21, 2010 by Julia Zebley
Toyota Motor Corporation settled US federal investigations on Tuesday by agreeing to pay a record $32.4 million in extra fines for product defects and poor handling of a recall. The fines stem from two investigations conducted by the National Highway Traffic Safety Administration (NHTSA). The.... [more]
Class action lawyers allege Toyota knew about safety problems
August 4, 2010 by Andrea Bottorff
A revised complaint to a class action lawsuit against Toyota Motor Corporation filed Tuesday in the US District Court for the Central District of California claimed that the company was aware of automobile safety problems in 2003, but failed to take action to protect consumers. Attorneys.... [more]
California judge combines state court claims against Toyota
May 27, 2010 by Jaclyn Belczyk
A California judge on Wednesday consolidated more than 40 pending state court claims against Toyota relating to an alleged safety defect that caused cars to accelerate out of control. The claims include consumer-fraud class action and personal injury lawsuits. Judge Carl West of the Los Angeles.... [more]
Toyota accepts record $16 million fine for safety reporting delay
April 19, 2010 by Michael Kraemer
Toyota Motor Corporation on Monday accepted a record civil penalty of $16.375 million imposed by the National Highway Traffic Safety Administration (NHTSA) for a four-month delay in notifying the agency about a problem with sticky and slow to return pedal gas pedals in variou....... [more]
Federal judge sets date for Toyota litigation hearing
April 16, 2010 by Patrice Collins
US District Judge James Selna on Thursday ordered a May 13 pre-trial conference for the consolidated litigation against Toyota Motor Corporation surrounding the company's auto safety failures. The court found that, ecause this docket involves both personal injury actions and actions for ec....... [more]
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