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Toyota hit with $3 million verdict in lawsuit
Posted By -NO AUTHOR- On 10/25/2013 @ 11:01 am In Front Page,Health,Money,World | No Comments
(Bloomberg) — Toyota Motor Corp. must pay $3 million in a lawsuit claiming a defect in a Camry caused the vehicle to unintentionally accelerate, leading to an accident that left one woman dead and another injured, an Oklahoma jury said Thursday.
The jury awarded $1.5 million for each claim, Graham Esdale, a lawyer for the plaintiffs, said in an e-mail Thursday. The jury found the Camry’s electronic system was defective and Toyota acted with “reckless” disregard, Esdale said.
This morning, the Associated Press reported that a settlement on punitive damages has been reached. Oklahoma County District Judge Patricia Parrish did not disclose the amount, which was being discussed in court, the AP reported.
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