Category Archives: Product Recalls

Takata Corporation Reaches Settlement for Faulty Airbags

Airbag manufacturer Takata recently reached a bankruptcy deal with its creditors, creating a trust fund for victims injured by its product. Faulty Takata airbag inflators exploded in crashes, shooting metal shrapnel into the vehicle cab. According to the National Highway Traffic Safety Administration, at least 15 people were killed and 240 were injured. Takata… Read More »