Toyota Faces First Consumer Fraud Lawsuit in Kentucky
February 11, 2010 /EIN PRESSWIRE/ As the class-action lawsuits begin to stream in against Toyota, one lawsuit in Kentucky is going as far as alleging consumer fraud.
According to a story in the Lexington (Ky.) Herald-Leader, a class-action lawsuit was filed Tuesday that accuses Toyota of knowingly concealing defective, dangerous accelerator systems for years. The Herald-Leader says that the Kentucky suit may be the first to allege racketeering, mail fraud and wire fraud, based on Toyota’s representation that the cars were safe.
The suit names Toyota’s Georgetown, Ky., assembly plant — Toyota’s largest in North America — as defendant because it builds the engines and powertrain components that are allegedly subject to acceleration problems.
Toyota is also facing a securities fraud lawsuit in California.
Read more about this story at Automotive Industry Today:
Latest Kentucky Automobile news – http://automotive.einnews.com/kentucky/
Latest Toyota Lawsuits news – http://automotive.einnews.com/news/toyota-lawsuits
Located at http://automotive.einnews.com, Automotive Industry Today is a service of EIN News, an industry leader in news monitoring for business professionals and analysts. Using a combination of proprietary search technology and human editing, EIN News delivers to its members the latest automotive news from around the world, saving them valuable time they’d spend searching for information. New users to Automotive Industry Today can enjoy a no-obligation, one-week free trial.
About EIN Presswire
The EIN Presswire press release distribution service is a news-syndication solution that distributes news to more than 10 million visitors annually at EIN News and millions more through its press release distribution partners. A news source for leading journalists, decision-makers and industry professionals worldwide, EIN Presswire targets press releases to a wide array of worldwide business professionals in more than 80 different industries. EIN Presswire also offers affiliate network opportunities and news distribution to tens of thousands of news subscribers daily. Read the newest business news at http://www.einpresswire.com and the latest world news in more than 80 different industries at http://www.einnews.com.