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Bisnar Chase Auto Defect Attorney Reacts to Toyota's Record $1 Billion Settlement of Class Action Lawsuit in Sudden Acceleration Cases

Attribution: December 2012 -- This article is the syndication source of a recently released press release from Bisnar Chase.

California auto defect liability lawyer comments on settlement agreement in a class-action lawsuit [Case number: 8:10ML2151 JVS (FMOx) United States District Court for Central District of California] in which Toyota Motor Corp. has agreed to pay more than $1 billion. According to a Dec. 26 report in The New York Times, the lawsuit is related to unintended acceleration issues in its vehicles.

adopt a family programToyota Motor Corp. has agreed to pay more than $1 billion to settle a class-action lawsuit [Case number: 8:10ML2151 JVS (FMOx) United States District Court for Central District of California] related to unintended acceleration in some of its vehicles.

According to a Dec. 26 news report in The New York Times, the settlement was filed in a Federal District Court in California and is the largest of its type in automotive history. If the agreement is approved by Judge James V. Selna, the Japanese automaker will make cash payments for the loss of value on vehicles affected by several recalls and install special safety features in up to 3.2 million cars, the report states.

This class-action case was the largest legal action related to economic losses by car owners even as there are still individual personal injury and wrongful death lawsuits pending against Toyota and an unfair business practice case brought by the attorneys general of 28 states, the NY Times reports. This particular class-action lawsuit was filed in 2010 after numerous consumers lodged complaints to federal regulators that Toyota vehicles were accelerating suddenly and causing accidents injuries, the article states.

Under the proposed settlement, Toyota will create a fund of $250 million to pay claims to former vehicle owners who were affected by the recalls. In addition the company has also agreed to install brake override systems to prevent sudden or unintended acceleration, the NY Times reports. Toyota recalled more than 8 million vehicles in the United States for sticky gas pedals and faulty floor mats that could cause the vehicles to accelerate suddenly and also paid up more than $60 million in government fines for failing to issue a timely recall, the report states.

This class-action settlement, if approved by the judge, will be a major victory for consumers', says John Bisnar, founder of the Bisnar | Chase personal injury law firm. "Toyota has already spent millions defending a multitude of lawsuits. The company's brand image has taken a serious blow as well."

'Hopefully, this class-action lawsuit will become an example for other auto manufacturers', Bisnar said. "I hope they will look at this case and resolve to do things differently. That is how we as consumers have benefited from this class-action lawsuit and this is exactly how a class-action lawsuit is supposed to work. The real purpose of class-action lawsuits is to keep negligent corporations in check and hold them accountable for their actions."

About Bisnar | Chase

The California auto product liability attorneys of Bisnar | Chase represents people who have been very seriously injured or lost a family member due to a car accident, defective product or negligence throughout California. The law firm has won a wide variety of challenging personal injury and defective product cases, involving car accidents, work related injuries, dog attacks and defective products.

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The BISNAR | CHASE Difference

  • “I was in a serious auto accident when I was in law school. I had to hire a personal injury attorney and had a really bad experience.”

    John Bisnar

    on what made him want to become a personal injury attorney

  • “I went to law school knowing I wanted to be a personal injury attorney. I wanted my life’s work to have a positive impact on other people’s lives.”

    Brian Chase

    on what made him want to become a personal injury attorney

  • “Whatever the philosphy of the management is, is going to be carried through by the employees and it’s going to reflect on the experience the clients have.”

    John Bisnar

    on his philosophy on running a law firm

  • “Everybody either drives in a car or rides in a car, so when I do the auto defect cases I really feel like I’m making the world safer by making vehicles safer.”

    Brian Chase

    on why he focuses on auto defect cases

  • “The first thing we want to do with our clients is to relieve the stress. Make them feel comfortable. Treat them as an honored guest.”

    John Bisnar

    on how he would define superior client representation

  • “Corporate greed is a reality in our world and I see it time and time again. Especially, with the auto defect cases we focus on.”

    Brian Chase

    on corporate greed and how it affects the consumer

  • “You are dealing with people who are seriously injured or have lost a family member...Compassion is understanding someone else’s situation.”

    John Bisnar

    on the role compassion plays in his profession

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