Levi & Korsinsky Appointed Lead Counsel in Class Action Against Toyota Motor Corp.

On January 6, 2025, Hon. Fernando L. Aenlle-Rocha appointed nationally-recognized securities law firm Levi & Korsinsky, LLP  as lead counsel in a class action lawsuit against Toyota Motor Corp.  In the same order, Judge Aenlle-Rocha appointed Dr. Prafulchandra Patel as lead plaintiff.  In appointing Levi & Korsinsky to lead the case, Judge Aenlle-Rocha wrote "[t]he firm has substantial experience litigating securities class actions."

The Plaintiffs that allege Toyota tested several of its vehicle models using methods that deviated from standards set by the Japanese government.  They further allege Toyota presented "inadequate data" about pedestrian and occupant protection tests and crash tests for several models.  Finally, the complaint alleges thatToyota made false or misleading statements on forms filed with the SEC about these deficiencies and its overall legal compliance.  

The case continues as Patel v. Toyota Motor Corp., case no. 2:24-cv-05284-FLA.  A copy of the order can be viewed here. 

On January 6, 2025, Hon. Fernando L. Aenlle-Rocha appointed nationally-recognized securities law firm Levi & Korsinsky, LLP  as lead counsel in a class action lawsuit against Toyota Motor Corp.  In the same order, Judge AnelleAenlle-Rocha appointed Dr. Prafulchandra Patel as lead planintiffplaintiff.  In appointing Levi & Korsinsky to lead the case, Judge Aenlle-Rocha wrote "[t]he firm has substantial experience litigating securities class actions." 

The Plaintiffs allege that Toyota tested several of its vehicle models using methods which that deviated from standards set by the Japanese governentgovernment.  They further allege Toyota presented "inadequate data" about pedestrian and occupant protection tests and crash tests for several models.  Finally, the Complaint complaint alleges that Toyota made false or misleading statements on forms filed to with the SEC about these deficiencies and its overall legal compliance.   

The case continues as Patel v. Toyota Motor Corp., case no. 2:24-cv-05284-FLA.  A copy of the order can be viewed here.