SEC and Federal Grand Jury Are Investigating Toyota

A federal grand jury in New York and the Securities and Exchange Commission are looking into sudden acceleration in Toyotas. The grand jury in the Southern District of New York issued a subpoena on February 8 asking Toyota and its subsidiaries to "produce certain documents related to unintended acceleration of Toyota vehicles and the braking system of the Prius." According to documents filed with the SEC, Toyota also received a voluntary request and a subpoena from the Los Angeles office of...Full Story
Commenting on this article is closed.