Takata Agrees to $7M Settlement with Hawaii Over Faulty Airbags
HAWAII – May 16, 2018 (bigislandnow.com) According to an online news report from bigislandnow.com, Takata has agreed to pay $7 million to settle a lawsuit with several entities, including the State of Hawaii, because of its faulty airbags.
The Department of Commerce and Consumer Affairs announced a settlement between Takata, Hawaii, New Mexico, and the U.S. Virgin Islands in the amount of $7 million. The settlement resolves a lawsuit these entities brought against the airbag manufacturer, alleging that it acted unlawfully in marketing and selling its airbags to automakers. Hawaii will receive the largest portion of the settlement — $3 million.
Takata airbags are prone to explosions, especially in hot and humid climates, like those of the entities that have sued the manufacturer. Airbag explosions have caused serious injuries to many people, including deaths. More than 40 million vehicles have been recalled in the United States because of the airbags, and Takata has entered into a $1 billion plea agreement with the U.S. Department of Justice regarding its conduct surrounding the airbags. Some information indicates Takata knew for a decade about the dangerous condition of its airbags. In June 2017, the corporation filed for Chapter 11 bankruptcy. It is not clear how the corporation will meet its liabilities.
Hawaii and other states are continuing to sue vehicle manufacturers for their roles in airbag injuries. Currently, Toyota, Honda, Nissan, and Ford are the most targeted manufacturers in connection with the airbag issues. In the meantime, owners and lessees of recalled vehicles are urged to address the issues with their airbags, as they can present serious risks to drivers and passengers.
Put Our Law Firm's Over 35 Years Of Legal Experience To Work For Your Case!
If you have been injured in any type of accident caused by a Takata airbag or someone else’s negligence, or if you have been injured at work, call Montlick & Associates, Attorneys at Law for your free consultation today. Montlick & Associates, Attorneys at Law has been representing those who suffer serious injuries throughout all of Georgia and in the Southeast for over 35 years, including but not limited to Albany, Athens, Atlanta, Augusta, Columbus, Gainesville, Macon, Marietta, Rome, Roswell, Savannah, Smyrna, Valdosta, Warner Robins and all smaller cities and rural areas in the state.
No matter where you are located our attorneys are just a phone call away, and we will even come to you. Call us 24 hours day/7 days a week for your Free Consultation at 1-800-LAW-NEED (1-800-529-6333). You can also visit us online at Montlick.com and use our Free Case Evaluation Form or 24-hour live chat.