Toyota pays record fine on the heels of landmark verdict

A four-year criminal investigation of Toyota’s sudden unintended acceleration defects has come to an end with the automaker agreeing to pay record-breaking fines. A settlement of $1.2 billion will be paid by Toyota to resolve the allegations – the highest amount paid by an auto manufacturer in U.S. history to settle charges of criminal offenses. The settlement comes shortly after an Oklahoma jury found Toyota liable for the electronic throttle defects causing a 2007 crash that killed one woman and left another seriously injured. The two women had been riding in a 2005 Toyota Camry when the vehicle suddenly accelerated off an Oklahoma highway and into an embankment.

Jere Beasley, attorney and founding shareholder of the Beasley Allen Law Firm, represented both families of the victims who would later be awarded a $1.5 million verdict in October 2013. Mr. Beasley believes that the government did not regulate the auto industry enough, which allowed Toyota to continue despite its problem. “Keep them accountable and then make sure they are accountable,” Mr. Beasley said.

We're here to help!

We live by our creed of “helping those who need it most” and have helped thousands of clients get the justice they desperately needed and deserved. If you feel you have a case or just have questions please contact us for a free consultation. There is no risk and no fees unless we win for you.

Fields marked * may be required for submission.

Respectful, understanding, efficient and compassionate

Beasley Allen is one of the most professional organizations I have ever had the pleasure of working with. They are respectful, understanding, efficient, and above all compassionate. They take the best care of their clients in every way possible. They keep us informed and aware of things involved in their clients cases. Their counsel is stellar in the industry. I would highly recommend them to others in their time of need and I have done so.