Toyota faces U S grand jury subpoena over safety documents
Federal prosecutors opened a criminal inquiry into Toyota safety problems as the firm prepares to answer questions on Capitol Hill about recalls. A New York grand jury seeks documents on unintended acceleration and Prius braking, while the SEC requests relate to disclosure practices.
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New York
Toyota
Capitol Hill
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U.S. Securities and Exchange Commission
SEC
Toyota Motor Corp
Akio Toyoda
House
Oversight and
Government probes Toyota over Prius safety and SEC filings
Agencies may investigate whether Toyota misled regulators on unintended acceleration and disclosed all problems in filings. Experts note subpoenas could affect testimony and potential penalties may hinge on regulatory statements and product safety law. Meanwhile FAFSA guidance urges timely applications to secure aid as college funding tightens.
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Southern District of New York
Toyota
National Highway Traffic Safety Administration
Peter Henning
Wayne State University
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Henning
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Eric Dezenhall
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Kalman Chang
Williams
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