Personal Injury Lawyers Expect Toyota to Pay Fines Plus $4 Billion

Toyota knew it had a problem but waited, says the US government. Product safety laws require manufacturers to notify the National Highway Traffic Safety Administration within five days of discovery of a product safety problem. Toyota discovered its floor-pedal accelerator problem, but waited on going public. The US government fined Toyota $16.4 Million for its delay. But the fine is just the tip of the iceberg. Personal injury lawsuits will likely cost Toyota another $4 Billion. Full story here.

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