Aug 29, 2011
Judge stalls Prius headlight settlement, citing ‘big problem’ with fees
Citing concerns about a request for attorney fees, a federal judge has put the brakes on a proposed class action settlement between Toyota and nearly 300,000 owners and lessees of Prius hybrids who claimed their headlights were defective because they intermittently shut off. Toyota’s lawyers have maintained that the fee request, estimated at $4.7 million for five plaintiffs firms, is too high, particularly since the value of the settlement is less than $4.7 million.