Last Friday, Toyota's stock closed at $79.56. That represents a 12-percent drop in market capitalization. For those keeping track, that's a loss of $15 billion. Naturally, there are a number of none-too-pleased shareholders hanging on to their stock in the Japanese automaker.
Toyota Class Action Lawsuit
- Jeremy Korzeniewski
- Mar 16, 2010
"When we talked with Toyota owners, they all voiced the same desire – to drive the car back to the lot, hand them the keys and pick up a check." So says Steve Berman, a lawyer from Seattle who has filed a class action lawsuit against Toyota on behalf of "dozens" of owners in Arizona and Washington. Fat chance, right?
- Sebastian Blanco
- Feb 12, 2010
2010 Toyota Prius – Click above for high-res image gallery
- Jonny Lieberman
- Feb 3, 2010
And the Toyota beat rolls on. Or should we say the Toyota beat down rolls on. Check this out: a group of Toyota owners (and leasers) have asked a judge to file a class action suit demanding that until their accelerator pedals are fixed, Toyota should pick up the tab for the recalled cars. That's right, some folks in Cincinnati feel they shouldn't have to make any payments to Toyota until their cars are fixed. Here's what the lawyer filing the suit has to say:
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