Case Summary

Toyota

NYSE: TM

Case Details

  • Abeed v. Toyota Motor Corporation et al.
  • Class Period: June 23, 2022 - June 2, 2024
  • Date Filed:June 24, 2024
  • Jurisdiction:U.S. District Court, Central District of California
  • Docket Number: 2:24-cv-05284
  • Lead Plaintiff Deadline: August 23, 2024
Days Left to
Seek Plaintiff
36

Overview

A class action lawsuit has been filed against Japanese car company Toyota Motor Corporation (“Toyota” or the “Company”) (NYSE: TM) and certain of the Company’s former and current senior executive officers alleging violations of the federal securities laws.  The Toyota class action lawsuit is brought on behalf of all persons and entities who purchased or otherwise acquired publicly traded Toyota securities between June 23, 2022, and June 2, 2024, both dates inclusive (the “Class Period”).  Investors have until August 23, 2024, to seek appointment as lead plaintiff of the Toyota class action lawsuit.

The Toyota class action lawsuit alleges that Defendants, throughout the Class Period, made false and/or misleading statements and/or failed to disclose, among other things, that: (1) Toyota understated its malfeasance relating to certification of its cars and issues relating to overall legal compliance; and (2) as a result, Defendants’ statements about their business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.  When the true details entered the market, the lawsuit claims that investors suffered damages.

*          *          *

If you purchased or otherwise acquired publicly traded Toyota securities between June 23, 2022, and June 2, 2024, both dates inclusive, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at investors@dicellolevitt.com. 

The deadline to apply to the Court to serve as a lead plaintiff in the Toyota lawsuit is August 23, 2024.

Join This Action

Name(Required)
Address(Required)
Are you a current or former employee at the company?(Required)

Purchases

Purchases Buy Date Quantity Purchase Price per share or security Actions
       

Sales

Sale Type Sale Date Quantity Sale Price per share or security Actions
       

Upload Documents

Drop files here or
Accepted file types: xls, xlsx, doc, pdf, jpg, jpeg, Max. file size: 50 MB, Max. files: 5.