Fed May Require Cash Strapped Takata To Pay $1 Billion Fine For Criminal Wrongdoing

Agent009 submitted on 12/28/2016 Auto Spies Photos Timestamp: 3:26:30 PM

Views : 4,822 | Category: Misc News | Source: | SOURCE: www.autonews.com

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Japan's Takata Corp. is nearing a criminal settlement with the U.S. Department of Justice and is expected to pay up to $1 billion to resolve allegations of wrongdoing related to its faulty airbag inflators, The Wall Street Journal reported today.

The final figure could be in the high hundreds of millions of dollars, the Journal reported, citing people familiar with the matter.



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Fed May Require Cash Strapped Takata To Pay $1 Billion Fine For Criminal Wrongdoing

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