[JURIST] The US Department of Justice (DOJ) [official website] on Wednesday announced [press release] a $1.2 billion settlement agreement [text, PDF] with Toyota [corporate website] for misleading customers and US regulators. The criminal complaint [text, PDF] against Toyota alleges that the company intentionally concealed information from the public regarding a design defect whereby drivers attempting to break actually accelerated their vehicles. The settlement will allow Toyota to avoid criminal prosecution after three years and marks the largest penalty of its...

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