Toyota Reaches $150 Million Deal In Class Action Suit Over Defective Fuel Pumps

Toyota Motor Corp. reached a settlement potentially worth $150 million to resolve U.S. class-action litigation tied to recalls of about 3.36 million Toyota and Lexus vehicles whose defective fuel pumps could cause engines to stall.

A preliminary settlement was filed on Wednesday night in federal court in Brooklyn. It requires a judge's approval.

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