Less than two months after an Oklahoma jury found that Toyota had acted with ”reckless disregard” in its response to two women injured in a sudden, unintended acceleration crash, the Japanese auto maker has decided to enter an intensive settlement process. The decision to negotiate a settlement hasn’t surprised many following Toyota’s sudden-acceleration saga. Even though it appeared the carmaker had gained some momentum fighting earlier lawsuits brought by crash victims and their families — as well as vehicle owners suffering monetary losses — the jury’s verdict in Oklahoma likely derailed Toyota’s hopes for prevailing over some 300 additional lawsuits ... Read More
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