Plaintiffs attempt to rebuild on ruins of Toyota shareholder claims

, The National Law Journal


A Maryland pension fund, reeling from a ruling last year that wiped out much of its case, is trying to certify a renewed class of thousands of Toyota shareholders who allege the automaker made false and misleading statements regarding what it knew about sudden acceleration defects in its vehicles.

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What's being said

  • Lulaine

    Many people do not realize how hard it is to get a class action lawsuit to become certified in the legal process before going to trial. This incident should put to rest the claims of "frivolous lawsuits". Plaintiffs have to jump through hoops and the evidence standard is high for them to be able to prove their case.

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