Toyota's Second Shoe Drops: Shareholders Sue

You ain't seen nothing. Wait until the problems continue after cars have been recalled. Then the real firestorm will start.

 

how about suing toyota because prius does not burn gas like other cars

 

The shareholders should be suing the U.S. government for the witch hunt and the media for contributing to the mass hysteria.

 

I own Toyota stock and have taken a serious hit, but I bought the stock knowing that there is no guarantee of increasing value. And I didn't put all my eggs in one basket.

What the heck is wrong with Americans? They're idiots, they no longer accept responsibility for their own actions, and they have no patience! They need a ton of gratification and they need it now, not later! This is nothing but pure greed and immaturity!

Toyota is still a great company with a great brand. Be smart and recognize that perhaps now is a great time to buy, rather than to demand a payoff!

The stock market is a gamble, people!!!! Accept it and move on!!!

If you lose money in Vegas, do you feel you have the right to sue the casino because they lured you in with the "opportunity" to win big?

This is nothing but frivolous. The plaintiffs cannot possibly have a case. If it even reaches a court of law, the judge or jury ought to levy a hefty fine on the plaintiffs -- all of them, including their lawyers.

btw - the stock didn't peak at $91.78. Were these people born yesterday? The stock peaked at $137 in 2007.

 

Another sign of the apocalypse

 

The only winners in these type of lawsuits are the lawyers.

 

Please change your sign-in name as others have asked.

 

+1

I don't think the user name apriustroll is currently taken, so there's an idea.

 

+1

 

+2, i think their stock is holding up pretty well, all things considered.

 

Toyota shareholders sue over stock price

Attorneys Toyota Action Consortium is probably behind this. As noted, Mr. Stackhouse has really been harmed... 40 shares!

 

once again, our litigious society is designed to take advantage of any high emotional situation. we will jump to action, spend a ton of money (all of it against the manufacturer) which will only cause additional expense manufactured into the car (the value or need or even the target for this expense still not really clear) either in the build process (IF they can figure out what needs to be adjusted to make the car idiot-proof) or the marketing campaigns which will only make my next purchase cost more.

 

Just look around the whole world has gone mad.

Everyone thinks like should be risk free, investments should be risk free, people expect everything to be perfect.

Life before and after OSHA, and Ralf Nader.

Get a grip people.

 

HEY ! !
No one told me that stock could lose value!





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You can't sue for a stock drop. There is no way in hell that will fly.

Could all the lawsuits be method #2 of attacking them? Seems to me that most shareholders would understand that such a lawsuit will only serve to hurt the bottom line (and hence the value of shares) even further. But if the trial lawyers can keep Toyota busy assigning lawyers all over the place, it will further hamper Toyota's ability to recover and hence compete.

 

This is not uncommon or unique to Toyota. When a stock of a company drops drastically (by a certain % - not sure what that is) it triggers a class auction lawsuit. This happened in the tech bubble and to other major corporations.

 

And Toyota stock keeps rising. $81 last I checked...

 

Would be kinda funny if the stock price rose to the previous or higher level by the date when the court first hears the plaintiffs arguments. Of course, the lawyers will still try to bill even if the case is thrown out.

 

A chicken in every pot and a lawsuit in every garage.