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November 24, 2014

Author Expresses ‘Anger’ At Toyota Settlement Check

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.

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