Posted On: March 1, 2010 by Will Nefzger

Toyota Recall Lawyer: Criminal Investigation

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The Toyota recall woes continue for the company. Now, the U.S. Attorney's Office for the Southern District of New York, which is located in Manhattan, have issued grand jury summonses to Toyota signaling the launch of a criminal investigation and the Securities and Exchange Commission (SEC) has begun probing into what Toyota executives told investors.

Speculation as to the nature of the investigations centers around potential product safety law violations and false statements to National Highway Transportation and Safety Administration (NHTSA) regarding sudden unintended acceleration and the Prius' braking system. The SEC confirmed its request for information regarding the sudden unintended acceleration issue and Toyota's disclosure policies and practices.

Dangerous and defective products are responsible for many injuries and death nationwide. The issues involved in the Toyota recall will also result in lost value for owners of Toyota vehicles, sometimes call diminution in value. Class action lawsuits have been filed, and I am reviewing and accepting these cases.

Our profession calls this area of law products liability. Consulting a lawyer experienced in handling these matters is usually easy. Most attorneys will provide a complimentary initial consultation to evaluate a claim or case and let the person know if they can help.

Please feel free to contact me directly by e-mail for more information or to ask questions. Or just click here, and it will take you to a page containing contact information.