Saturday, December 25, 2010

TOYOTA TO PAY $10 MILLION IN LEXUS LAWSUIT

LOS ANGELES — Toyota Motor Corp. has decided to pay $10 million to the family of four people killed in a run off Lexus crash that led to recalls of millions of the automaker's vehicles.
John Gomez, a lawyer who represent the victims' family, and Larry N. Willis, who represents the dealership that lend the Lexus to the family, on Thursday confirmed the defrayal amount. 
Toyota, which did not admit or deny legal responsibility in the settlement, fought to keep the settlement amount confidential, but the Los Angeles time and the Associated Press argued that the public's importance in the case outweighed confidentiality concerns.

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