Toyota Investors Encouraged to Seek Help
- Investors of Toyota are encouraged to seek help for losses exceeding $100,000.
- Faruqi & Faruqi, LLP Securities Litigation Partner James Wilson is inviting affected investors to discuss their options.
- Seeking professional assistance may offer solutions for investors facing financial losses.
New York, NY – Faruqi & Faruqi, LLP, a prominent national securities law firm, is actively investigating potential claims against Toyota Motor Corporation. The firm is particularly focused on investors who acquired Toyota securities between June 25, 2022, and June 2, 2024, and suffered losses exceeding $100,000. Interested parties are encouraged to contact Securities Litigation Partner James (Josh) Wilson directly at 877-247-4292 or 212-983-9330 to discuss their legal options. The investigation comes in light of recent revelations that Toyota, along with other major Japanese automakers, mishandled vehicle testing for numerous models over the past decade. Specifically, Toyota admitted to failing to collect adequate data during pedestrian and occupant safety tests for three models, including the widely popular Yaris Cross SUV. Following this announcement, Toyota's American Depositary Shares (ADSs) experienced a notable decline, dropping $5.34, or 2.45%, to close at $212.17 on June 3, 2024. Faruqi & Faruqi reminds investors of the approaching deadline of August 23, 2024, to seek the role of lead plaintiff in a federal securities class action against Toyota. Investors can either move to serve as lead plaintiff through their chosen counsel or remain absent class members without affecting their potential recovery. The firm is also reaching out to anyone with information regarding Toyota's practices, including whistleblowers and former employees, to assist in the investigation. For ongoing updates, the firm encourages following their social media channels.