Toyota Class Action Suits Filed for Vehicle Owners and Stockholders

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Vehicle owners and stockholders are filing class action lawsuits in the wake of a series of massive Toyota recalls, suing the Japanese automaker for the lost value of both stocks and the vehicles themselves. The company also faces a number of Toyota injury lawsuits filed by individuals who have suffered a severe personal injury or death in an accident caused by problems with the accelerator or brakes.

New Toyota class action lawsuits were filed recently on behalf of all Toyota hybrid owners in the U.S. District Court in Los Angeles on Monday, and on behalf of California owners of recalled Prius and Lexus hybrids in Los Angeles County California Superior Court on Friday. Both Toyota class action suits were filed due to the latest Toyota recall of 2010 Prius and Lexus HS250h models over brake problems. In addition, a lawsuit was filed on Monday in the U.S. District Court in Los Angeles on behalf of all Toyota stockholders.

The Toyota stockholder lawsuit alleges that the company’s stocks dropped 20% because of the recalls, and charges Toyota executives with deceiving investors about the health of the brand when they knew that there were acceleration and brake problems. It names the company’s top executives, as well as the company itself, as defendants in the suit.

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The two lawsuits filed on behalf of vehicle owners allege that the company long knew about problems with the Toyota hybrids’ brake systems but did not warn consumers. It charges Toyota with breach of warranty, product liability, negligence, and violating California fair business practice laws.

Earlier this week Toyota recalled more than 437,000 of the 2010 gasoline-electric hybrid vehicles because the brakes ceased to work for a moment due to a software glitch. About 150,000 of the recalled vehicles were in the hands of U.S. owners.

The Toyota hybrid recall followed several waves of recalls over sudden acceleration problems in a number of leading Toyota vehicle lines.

In September 2009, a Lexus and Toyota recall was issued for 3.8 million vehicles that contained certain all-weather floor mats, which Toyota indicated could get stuck under the gas pedals, causing unintended acceleration. In January, Toyota issued another recall for 2.3 million Toyota vehicles, including 600,000 that were not subject to the prior floor mat recall due to an actual mechanical problem that was causing some gas pedals to stick. Shortly after, the company stopped production and sales on eight of its most popular vehicles, including the Corolla, Camry, and Tundra. The company has also announced it is recalling nearly 2 million vehicles in Europe and almost 80,000 in China.

The Toyota accelerator pedal recalls have resulted in more than 60 lawsuits, including over a dozen wrongful death and personal injury claims.

Tags: Personal Injury, Toyota, Toyota Avalon, Toyota Camry, Toyota Corolla, Toyota Floor Mat, Wrongful Death
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123 Comments

Terry
Are there any reports on 1999 Camerys with acceleration problems? My wife had 3 accidents while owning one in back in 2004. She said each time the car would speed up then she could not stop even though she applied the breaks.
Kimberly
I purchased a 2009 Camry and had it less than a year before I had issues with the pedal. I was driving home with my son in Oct. 2009 and had to hit the brake when a deer ran out; it didn’t stop, it accelerated and flew off the road. The car was totaled. Luckily I had GAP, but it still cost me $3700 out of pocket.
Jane
I leased a 2010 Corolla 3 months ago. I chose the Corolla because of its great reputation for dependability. The mileage is good also. Now I am wondering if I can get out of the lease which is for 4 years. I am a middle age widow who is now afraid to drive her own car. Does anyone know of any options for someone like me?
Lynn
I was provided with a 2009 Camry in which the gas pedal stuck, the car accellerated and I ended up rear-ending another vehicle due to the malfunction…..Toyota sux!
Dana & Tina
I have just lost my job due to a layoff and had put my truck up for sale. Its a 2007 tundra and yes we have been called that it is on the recall list. The recall came on the same day we ran a advertisement to sell it. I have added at least 4000.00 dols of extras to this vehicle. And now no one wants to buy it because of the recall. I added these extras to ensure when ready to sell i would get a resale value that was good. I feel as though i have been taking for a ride and i want to be compensated for my hardship this has caused.
Buy American
Thats what you all get for not buying American. Foreign Crap
greg
i bought a 2010 highlander on tuesday and on thursday the sticky gas pedal problem came about, you cant tell me that they didnt know about this when they sold me the truck. last toyota for me…
H L M
I just purchased a 2010 Toyota Tundra Crewmax Limited 4×4 in Dec 2009, the gas pedal sticks and jumps taking off. Toyota never did officially notify me of the recall. I did take to a Toyota Dealer last week who said my Vin was one for the recall. They did the recall to the pedal and the truck still continues to have issues. I just traded the Tundra on Feb 19 2010 with only 1,978 miles taking a $9000.00 loss to protect my family and anyone else that might get hurt if was to continue to drive it this way. I paid like $45,500 and got $36,000 for a trade in on a Ford. Is their anyway a class action suit can help all of us?
Virginia
I bought a2008 toyota camry xle (top of the line) on new years day that year. I told myself I deserve to buy the best after driving a camry in the past 16 yrs… Then on the 24th of Oct. 2009 The unexpected happened , as I was trying to park the car it just accelerated openwide like it has a mind of its own and I can’t stop the car. My friend w/me pulled the gear to park and thats how it stopped. I swiped 4 parked vehicles as it happened in a flea market. The people who saw me drove the car thought I was a crazy woman!…The only good thing ,theres no person that got hurt.
Andy
We bought a 2010 Toyota Corolla and two weeks later they suspend sales, stop production and issue a recall. You can imagine we are not too happy. Makes you wonder if they knew of the problems when they sold us ours doesn’t it? Now my wife is afraid to drive the car. We would return it and give the keys to the PROFESSIONAL LIARS at FRANK SMITH TOYOTA in Pharr,Tx.,the dealer where we bought it, if it wouldnt ruin our credit. The value/trade-in/resale value is screwed and so are we. We have a brand new car, which, at this time anyway, is basically worthless. Thanks Toyota.
Ed
Toyota also has had a major problem with oil line failure on certain V-6 engines in Camry, some Lexus, RAV4 and others. They started replacing the line in April 08 on the RAV4, I don’t know about the others. I have a 08 RAV4 (made in March 08) so mine has the defective line with the rubber section. I have not received any notice to have it replaced and Toyota has not answered my questions. Anyone surprised? This line failure has happened many times and caused complete engine destruction in some cases, you can find the information on RAV4 forums. Toyota apparently refuses to issue a recall for this problem. I intend to notify the appropriate state and federal agencies.
Kat
We bought a brand new Tundra in Nov. 2007. With in a month the stuck pedal happened to us. We were passing two cars..when my husband said the pedal stuck…by then we were going at least 60 mph. A hairpin turn was right in front of us…we went off the road..but he got it staighten out. We called Toyota and told them what had happened, they said “oh it’s the mat’s fault. My husband told them no it wasn’t.. the pedal was stuck. We were just told to change the mat. Got the letter about that. We changed the mat. Now we hear it was the pedal after all. I still haven’t got a notice..called them two more times. Same thing. . Too bad my hubby passed away on Christmas..he would have said I TOLD YOU SO!!!
Johnnny
I have a Corlla 2010 that I brought about 3 months ago. This is the first one I have owned and now there are pooibly three issues going on with tthis car. I went in and had athe brake fixed and now the steering may be a problem. I wish I had heard of athis prior to this and I would not have brought a Corolla. What am I suppose to do now?
donald
floor mats?gas pedal? can’t remove oil filter housing cover without breaking it? what else? now i’m paying for a 2009 xle, that my wife and i are afraid to drive. For me, i want them to buy this car back, for what i paid for it. they al;so lied to me, when they said the resale value was there compared to american cars. bologna!what else will or have they lied about?
Yash
We bought a brand new Toyota RAV4 in september 2009. Within the first six weeks of purchasing the car, my wife had to stop twice on the highway due to the sudden acceleration problems and once avoided a near miss accident on the highway. The Toyota sits in the garage most of the time while she drives my car, a brand new Chevy ( purchased in August 2009 ) which has its own problems but not as severe as Toyota. I am retired and thus do not need the car as often as my wife does, otherwise we would be in a heap of trouble.
Seth
I had a 2000 Tacoma that had the driveshaft break and caused thousands of dollars of damage. I can’t help but wonder if it is related to this or not. Needless to say, I just drove my 1997 ford explorer that had 249k miles until I bought a new ford fusion.
Beth
I purchased a 2007 Camry LE to be probably my last car to ever have to purchase due to the reliability of Toyota. Unfortunately now I feel that I will need to purchase another car to replace this as I don’t feel safe in it any longer. I drive my grandchildren alot and am worried that I will not have the controll I should have. I know that I can’t get a decent trade or private sale any longer and feel that I am stuck with this car.
Stacey
My husband and I traded in our Honda Pilot for two Toyotas. One is a Camery 09 and the other is 09 Matrix. Both cars have given us trouble since we purchased them. When I take the cars in during my husbands deployment Toyota has not given me a loaner car for the inconvience. I think that is rediculous. It’s like they are not even standing behind the product in doing that. The dash board is another is with the Matrix it was completely assembled at the factory. One of the major parts of my AC unit was found in the floor board of the passenger side of the car. I took the Matrix in and they said that a certificate had been put out that they needed to be fixed. They added foam. Then the they called to tell me that they need the car another day or so because they were waiting on pins. I am terrified to drive the car. My husband is not here to pick up the pieces if something happens to me while he is deployed. The deprication on the car is also rediculous. The cars aren’t worth anything and I has messed up my family because we are seeking orders to Germany and you can only take one car and we aren’t going to be able to even get out the second car that I need for school. Something needs to be done to fix this with customers everywhere. Toyota says they want the trust back well then they need to take all of their owners out of the negative with their cars. My husband when he was in country flipped his mats upside down in the 09 Camery because they kept getting stuck while he was driving.
mike
You people are part of what has help put this great country in the toilet, you haven’t had any problems with your cars. You hear lawsuit and see dollar signs in front of your face. 99.99% of the people who join these class action suits have had no problems, and resale values most likely will be back up in a few months. Those who have had injuries (wheather caused by Toyota problems or their own) will have the own lawyers and try to get rich though personal injury suits. If you have a half a brain you should know the only ones who are going to be happy with the end result of the class action suit will be the lawyers, who look at theses class action suits the same way wall street looks at bonuses. Also don’t forget that a few years down the road Toyota will have to raise prices to cover these losses and the all the rest of the car companies will follow. The few dollars you get in the class action suit will cost you alot more down the road.
James & Rose Marie
We own 2 Toyotas. One is a 2006 Corolla Sport. The other is a 2008 Camry XLE that is listed for a recall on the acceleration pedal, waiting for letter from Toyota to get fixed. We received a recall letter on the floor mats stating “We will notify you again as soon as a campaign remedy is available for your vehicle”. We have been reading that class action lawsuits are going to be filed in March for vehicle depreciation because of the acceleration recall. Just wondering if this lawsuit will pertain to everyone that gets a recall letter or do we need to contact someone to get our name on the list for the class action lawsuit?
Melvin
How do i join the law sue ?
Omar
I have a 2008 highlander that has giving me problems with acceleration, and if would not hit the brake and emergency brake i would not be here. I’m trying to sell the SUV and because of the recall dealers don’t want to give the value it had before the recall.
Kevin
I bought a Toyota Tundra in hopes that I would have a reliable truck which then would have a high value if I chose to sell it. Now, who is going to buy my 2007 Tundra?? I went in and was told to just push the breaks if I think my truck is having an acceleration problem – what kind of advice is that – just too dangerous. I feel cheated in this whole mess.
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