Posted: Feb 22, 2010 12:30 PM by Bea Karnes, News First 5
Updated: Feb 22, 2010 12:30 PM
Toyota says it has received a subpoena from a U.S. federal grand jury, indicating that a criminal investigation of its safety problems has begun.
The Japanese automaker says the documents being sought are related to unintended acceleration in its vehicles and the braking system of its Prius hybrid.
Toyota says it and its U.S. sales affiliate received the subpoena as well as a document request from the Los Angeles office of the U.S. Securities and Exchange Commission. It says the SEC is seeking documents related to unintended acceleration and Toyota's disclosure policies and practices.
A spokeswoman for the U.S. Attorney's Office in the Southern District of New York declined to comment, saying it does not confirm or deny its investigations as a matter of policy.