Author and student Jonathan Sourber writes in the Wall Street Journal today about receiving his “Toyota Unintended Acceleration Economic Loss Settlement” check in the amount of $20.91.
“Why am I getting a check?” writes Souber. “This particular settlement wasn’t for personal injury or property damage. It was for economic loss tied to the value of my car and any suffering I might have experienced as a result of the alleged defect.”
Continues Souber, “I certainly can’t claim to have suffered, and I certainly didn’t feel deceived by Toyota. I never attempted to sell my car, and had no interest in participating in a lawsuit.”
Souber writes that he “got angry because of the economic loss caused by this lawsuit in the years following the settlement.”
“For me to get that $20.91 check is costing Toyota more than half a billion dollars in litigation, fees and the settlement awards,” concludes Souber.
Read the full piece here.