Aug 18, 2024, 1:15 AM
Aug 18, 2024, 1:15 AM

Investors Urged to Act on Toyota Lawsuit

Highlights
  • Berger Montague PC advises investors to take action on a securities fraud class action lawsuit against Toyota Motor Corp.
  • The deadline for investors to contact the firm is August 23, 2024.
  • Investors are urged to act promptly to address the legal matter.
Story

– A securities fraud class action lawsuit has been initiated against Toyota Motor Corp. (NYSE: TM) by Berger Montague PC, representing investors who purchased Toyota securities between June 23, 2022, and June 2, 2024. The lawsuit follows a New York Times article published on June 3, 2024, which reported that Toyota and other Japanese automakers admitted to mishandling safety tests, raising concerns about the company's practices during the specified Class Period. Investors interested in participating in the lawsuit must act by the deadline of August 23, 2024, to seek appointment as lead plaintiff. The lead plaintiff will represent the interests of all class members and is typically an investor or a small group with the largest financial stake in the case. Interested parties can contact Berger Montague for further details on how to engage in the litigation process. The firm emphasizes that participation as a lead plaintiff is not a requirement for sharing in any potential recovery from the lawsuit. Class members can choose to remain inactive or appoint their own counsel to represent them in court. Berger Montague, established in 1970, has a long history of representing both individual and institutional investors in securities class action cases across the United States. For more information, investors can reach out to Andrew Abramowitz or Peter Hamner at Berger Montague’s Philadelphia office.

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