NY Fed Grand Jury Sends Toyota Subpoenas

By Allan Lengel

DETROIT — Over the years, Toyota’s catchy slogans have included: “Oh, what a feeling!”; “I love what you do for me, Toyota! and “Who could ask for anything more”.

Now of days, it may be something like: “Seriously, We’re Sorry!”

The Wall Street Journal reported Monday that the auto giant, which has given American auto companies a major heartburn, has gotten federal grand jury subpoenas from the security fraud unit of the U.S. Attorney’s Office in New York and from the Securities Exchange Commission in connection with the recall of its autos.

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