FBI Raids Three Toyota Supplier Offices In Detroit (TM)

Submitted by Quest-News-Serv... on Wed, 02/24/2010 - 16:40.

 


Posted on 02/24/10 at 1:49pm by Benzinga Staff

The FBI raided the offices three suppliers of Toyota Motors (NYSE: TM) Tuesday evening to investigate deeper into the controversy around Toyota and it hiding its quality problems. Shares of Toyota are sliding off their highs on this news at it hits the presses in late day trading. Toyota's shares are still up 3.07% on the day to $73.75.

As we wrote yesterday, we feel that the bad news is just beginning for Toyota. Check out our 9 Reasons To Run From Toyota's Stock.

 

http://www.benzinga.com/markets/company-news/141448/fbi-raids-three-toyota-supplier-offices-in-detroit-tm

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FBI Raids Three Toyota Supplier Offices In Detroit (TM)

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