Case Details

Year Initiated/Committed

1983

Year Resolved

1984

Settlement Amount

$5.1 million

Court

U.S. District Court for the District of Maryland

Lead State

MD

Participating States

DC, DE, MD, PA, VA, WV

Defendant(s)

Mid-Atlantic Toyota Distributors, Inc., et al., Carecraft Industries, Ltd, Fredrick R. Weisman

Case Description

Plaintiff States sought damages, alleging that defendants conspired to set the starting price at which Toyota automobiles were sold among dealers in the region. The Plaintiff States alleged that Defendant dealerships agreed to order all of their Toyotas with the Polyglycoat protective package and in doing so, they agreed to raise the suggested retail price for which the automobiles were sold. The parties agreed to settlement terms valued at approximately $5.1 million. Purchasers of 1980 Toyotas were entitled to either $125.00 in cash or $250.00 in a service and goods at their option for each car purchased. The Plaintiff States received costs and attorneys fees from the amount left after consumer claims were paid.