Plaintiffs' lawyers are seeking up to a $200 million cut from Toyota Motor Corp.
's agreement to settle unintended acceleration claims for millions of its vehicles in the United States in 2009-2010.
Toyota said on Wednesday it will take a $1.1 billion charge to settle U.S. consumer claims that the value of their vehicles diminished because of recalls related to unintended acceleration.
Plaintiffs' lawyers are asking as much as $200 million in attorneys' fees, said Steve Berman, a lead plaintiffs' attorney. The total will be paid out to 25 firms and about 85 attorneys, according to an article in The Wall Street Journal.