Monday, February 22, 2010
Toyota Receives Subpoena From U.S. Grand Jury
WASHINGTON -- Toyota Motor Corp. said Monday it has received a subpoena from a U.S. federal grand jury requesting documents related to unintended acceleration of its vehicles and the braking system of its Prius hybrid, as the auto maker's safety woes continue to grow. The company also said it has received a "voluntary request" and a subpoena from the Los Angeles office of the U.S. Securities and Exchange Commission for documents related to sudden unintended acceleration and the company's disclosure polices and practices. The Japanese auto maker said in a statement to the London Stock Exchange that it received the grand jury request on Feb. 9 and the SEC request on Feb. 19. Toyota said it intends to cooperate with the investigations and is preparing its responses.
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Gentry Auto Group
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