The company revealed yesterday that it received a federal grand jury subpoena regarding its handling of safety recall issues. Toyota was also subpoenaed by the Securities and Exchange Commission to produce documents relating to its disclosure of safety issues. Though neither of these disclosures mean that Toyota will be prosecuted or sanctioned, they do certainly open up the possibility.
Tuesday, February 23, 2010
Toyota May Face Criminal Charges
The company revealed yesterday that it received a federal grand jury subpoena regarding its handling of safety recall issues. Toyota was also subpoenaed by the Securities and Exchange Commission to produce documents relating to its disclosure of safety issues. Though neither of these disclosures mean that Toyota will be prosecuted or sanctioned, they do certainly open up the possibility.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment