Archive for December 27th, 2012

Toyota Falls To The Tort Bar

Score another one for the tort lawyers. Toyota Motor Corp.¬†agreed to pay about $1.1 billion to settle a class-action lawsuit stemming from complaints of unintended acceleration in its vehicles that soured its reputation for quality and undermined its sales globally. If you’re unfamiliar with the circumstances that led to this payout, here is a brief […]