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Company: Toyota Motor Credit
Current Parent Company:
Toyota
Parent at the Time of the Penalty Announcement:
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Penalty: $11,445,000
Year: 2006
Date: November 13, 2006
Offense Group: consumer-protection-related offenses
Primary Offense: discriminatory practices (non-employment)
Violation Description: To resolve allegations that it discriminated against minority customers, Toyota agreed to reform its practices and implement a diversity marketing initiatives that included offers of credit and financial incentives to affected parties, but no value was put on the program. The company also agreed to pay $95,000 to class representatives, $750,000 for consumer education and $10.6 million for plaintiff's legal fees and expenses.
Level of Government: federal
Action Type: private litigation
Court: Central District of California
Civil or Criminal Case: civil
Case ID: 2:01-cv-5564
Case Name: Baltimore, et al v. Toyota Motor Credit, et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
Source of Data:
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Link to PACER Case Docket (must be logged in):
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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