Tag Archive for: defective products

Fiat Chrysler Record Civil Penalty: $105 Million Settlement!

Fiat Chrysler Record Civil Penalty: Historic $105 Million Settlement! Fiat Chrysler Automobiles (FCA) admits failures and agrees to auto buy backs, three years of close federal oversight and a record civil penalty. The U.S. Department of Transportation’s enforcement action initiated after NHTSA officials outlined complications with the auto maker’s 23 safety recalls, bringing into review […]

Takata Compensation Fund Rejected for Airbag Victims

Takata Compensation Fund Rejected for Airbag Victims Following at least eight reported deaths and numerous injuries related to the Takata Airbag investigation, TK Holdings, Inc., “Takata,” rejects U.S. Senator Richard Blumenthal’s request for a compensation fund for alleged victims of its defective airbag inflators. The senator’s request for a compensation fund was denied as Takata’s […]