Toyota has agreed to pay a $16.4 million fine, the largest government penalty ever against an automaker, for concealing information related to the “sticky pedal” and “slow to return pedal recall. “Toyota has accepted responsibility for violating its legal obligations to report any defects promptly,” Mr. LaHood said in a e-mailed statement. The fine does not release Toyota from civil or criminal actions. Numerous lawsuits have been filed against the carmaker, by crash victims and relatives of people killed in crashes involving Toyota vehicles that sped out of control, seeking billions of dollars in damages.

If you own a Toyota on the recent recall list, and would like to discuss possible economic damages for diminished value or lost use on your recalled Toyota vehicle, please contact M&A Law toll-free at 1.866.789.1664, and speak with a products liability attorney concerning Toyota’s defective braking system.

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