The Law Offices of Frank R. Cruz Announces Investigation of Toyota Motor Corporation (TM) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Toyota Motor Corporation (“Toyota” or the “Company”) (NYSE: TM) on behalf of investors concerning the Company’s possible violations of federal securities laws.
“Toyota [. . .] and other top Japanese automakers [acknowledged] that internal investigations found they had mishandled vehicle testing on dozens of models over the past decade.”
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On June 3, 2024, The New York Times reported that "Toyota [. . .] and other top Japanese automakers [acknowledged] that internal investigations found they had mishandled vehicle testing on dozens of models over the past decade." Additionally, the article stated that Toyota “had failed to gather proper data when doing pedestrian and occupant safety tests for three models, including its popular Yaris Cross sport utility vehicle."
On this news, Toyota’s stock price fell $5.34, or 2.5%, to close at $212.17 per share on June 3, 2024, thereby injuring investors.
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If you purchased Toyota securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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