Toyota Wins Access to Insurance Data About Sudden-Acceleration Plaintiffs

  Thursday, March 17th, 2011 Source: Bloomberg

Toyota Motor Corp. (7203) won a judicial ruling granting access to insurance and financial data about plaintiffs suing the automaker over economic losses they claim to have suffered from sudden acceleration defects. Two private judges in Orange, California, at a hearing today rejected a request by lawyers for about 81 plaintiffs who owned or leased Toyota vehicles to prevent the automaker from gathering information from banks, other lending institutions and insurance companies about the plaintiffs.

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