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Litigation

Aug. 4, 2010

N.Y. Firm to Lead Toyota Case

In a significant, if not unexpected, blow to the local plaintiffs bar, a federal judge appointed a New York firm representing East Coast clients to the coveted lead counsel position in a securities class action against Toyota.

By Gabe Friedman

Daily Journal Staff Writer

LOS ANGELES - In a significant, if not unexpected, blow to the local plaintiff's bar, a federal judge in Los Angeles on Monday appointed a New York firm representing East Coast clients as lead counsel in the securities fraud class action brought against Toyota Motor Corp. in the wake of sudden unintended acceleration problems.

Meanwhile, plaintiff lawyers in a separate cas...

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