U.S. judge OKs Toyota's $1.1 bln acceleration settlement

SAN FRANCISCO Fri Dec 28, 2012 4:53pm EST

SAN FRANCISCO Dec 28 (Reuters) - A U.S. judge granted preliminary approval on Friday to Toyota Motor Corp's $1.1 billion settlement of a class-action lawsuit brought by consumers who lost value on their cars due to sudden, unintended acceleration.

The order on Friday came from U.S. District Judge James Selna in Santa Ana, California.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article