Hagens Berman: Judge Grants Approval of $1.6 Billion Toyota SUA Settlement

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posted:7/19/2013
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Description: SEATTLE--(BUSINESS WIRE)--U.S. District Court Judge James Selna of the Central District of California today issued a final ruling in the Toyota (NYSE:TM) sudden, unintended acceleration litigation, in which he granted final approval to a settlement of economic loss claims valued at $1.6 billion in benefits for class members. Judge Selna, who has presided over the case since its filing in 2010, commented that many class-action settlements appear to be appealing on their face but don’t provide suf
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