BRIEF-Toyota settles US litigation over unintended acceleration, to pay more than $1 bln

Newswire

Dec 26 (Reuters) - Toyota Motor Corp : * Agrees to pay more than $1 billion to settle U.S. litigation over unintended acceleration -- settlement papers filed in court * Settlement to resolve all economic loss claims in class-action case against toyota -- filing in California federal court * Lawyers for plaintiffs say conservatively value settlement at more than $1.3 billion, including safety changes * Settlement includes direct payments to ...

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