$1.1 Billion Toyota Settlement
It is just amazing how many automobile manufacturers are so arrogant that they will not solve a problem until the payout is so terribly painful. Toyota, for years, refused to admit their automobiles had a faulty accelerator. Sure they had partial recalls and tried to minimize the problem. But eventually the problem became ubiquitous with the brand. Toyota meant bad accelerators. Plaintiff attorneys were told over and over that their client’s car accelerator was at fault.
After testing it became clear that Toyota had a huge problem. Their cars and trucks accelerated without warning! How many rear end collisions, crashes and other maladies did they cause? How many people heard from Toyota engineers that the problem was with the driver not the car? There are still hundreds of unresolved lawsuits and likely thousands of crashes caused by Toyota.
After years, Toyota has been beaten into submission by what propaganda would have us believe is a societal evil, the Modern Trial Lawyer! Hagens Berman, LLP, a Seattle-based law firm took the automaker behemoth on and drove them to an impressive $1.1 billion settlement! Their fee is a paltry $2 million! That is a lot of money, but without that payout the firm would never have invested the millions it took to win the suit. Luckily Toyota agreed to pay the fees too. Wonder if that was a bitter pill? Oh Yeah!
