Toyota Now Falls Victim To 3 Class Action Suits From Stockholders

The suits could cost Toyota billions of dollars and are likely to drag on for years, experts say.

At least three class-action lawsuits alleging securities violations have been filed against the Japanese automaker in recent weeks. One suit, filed by the law firm Murray, Frank & Sailer in U.S. District Court in California -- is on behalf of shareholders who purchased stock between Dec. 22, 2009 and Feb. 2, 2010.

Scuderia - 3/22/2010 1:20:32 PM

+2 Boost

you are dumb

LACMAN - 3/22/2010 2:47:31 PM

+3 Boost

@Badgewhore: Im sorry but the way you pout and reply to news about Toyota proves it.

LexSucks - 3/23/2010 8:39:26 AM

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Badgewhore,

I upped your boost.

enthusiastx11 - 3/22/2010 11:55:31 AM

+6 Boost

name all the other wrongs you like. it's still unethical and illegal to hide crucial information from shareholders.

Scuderia - 3/22/2010 1:21:06 PM

+3 Boost

smart

uaw_lax - 3/22/2010 4:46:33 PM

-1 Boost

Badgewhore why are you so personaly attached to Toyota?

Steve - 3/22/2010 12:02:29 PM

+4 Boost

One more story like this, and people may start getting the impression that lawyers are opportunists.

thetruth01 - 3/22/2010 2:43:28 PM

+2 Boost

By the time the case makes its way through the courts, the stock will have rebounded, the suit will be dropped, and a bunch of lawyers will have made millions. Idiots.

XYZZ - 3/22/2010 8:14:12 PM

+4 Boost

LOL! badgewhore made the MOST RELEVANT post, pointing out just how ridiculous the claimants are.

suit happy americans are one of the prime reasons foreign car companys DO NOT offer some of their most innovative technologies here.

upwards - 3/23/2010 1:00:43 AM

0 Boost

Please show us what we are missing.

wins555 - 3/23/2010 4:25:03 AM

+2 Boost

Badgewhore, you da man!