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Toyota to pay $16M in Calif. recall settlement

LOS ANGELES -- A $16 million settlement over the safety recall of Toyota vehicles that were at risk for unintended acceleration and braking issues was announced Friday by California prosecutors and Toyota Motor Corp.

The suit was one of a flood of cases filed against the Japanese automaker after more than 14 million vehicles were recalled in 2009 and 2010.

In the suit, prosecutors claimed deceptive business practices, alleging Toyota had concealed safety issues related to its floor mats and "sticky" gas pedal issues. The suit sought $2,500 per violation under California's consumer protection laws. Under the settlement, Toyota continues to deny all claims made by the lawsuit. -- AP

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