Month: July 2017
Wells Fargo to Pay $142 Million in Fake Account Settlement
Wells Fargo & Co. will pay $142 million in a class action settlement to customers whose credit scores have been affected by its employees’ practice of creating fake accounts dating all the way back to 2002.
Ford Recalls 6,000 Edge, Fusion, Lincoln MKZ Vehicles
Ford is recalling certain 2017 Ford Edge, Fusion, and Lincoln MKZ with inadequately welded torque converter studs. The gas pedal may suddenly fail to provide forward motion on the recalled vehicles.
U.S. Agency Allows Class Actions Against Banks
Federal regulators are banning banks and credit card companies from using fine-print arbitration agreements to strip ordinary Americans of their right to join together into class action lawsuits against financial institutions.
Fuel Pump Component Used in Volkswagen, Porsche & Audi Recalled for Fuel Leaks
Continental Automotive GmbH is recalling nearly 500,000 fuel pump flanges sold for use in Volkswagens, Audis and Porsches over a potential manufacturing defect that can lead to cracks and fuel leaks.
Exploding Airbag Kills Man Repairing 2001 Honda Accord
Honda has confirmed that an 12th person in the United States has been killed by an exploding Takata airbag, but this time the death was not the result of a car crash — he was fixing the car.
Medtronic Recalls Kyphon Bone Filler
Medtronic has recalled all KYPHON® bone filler devices due to a risk of paralysis, nerve damage, pulmonary embolism, or cardiac arrest.
China’s FAW Group Recalls 680,000 More Mazdas Over Defective Takata Airbags
FAW Group Corporation, a partner of Japan's Mazda Motor Corp., has issued a recall for more than 680,000 Mazda vehicles over problems linked to airbags supplied the Takata Corp.
NovoPen Echo Insulin Cartridges Recalled for Health Risk
Novo Nordisk has recalled cartridge holders in certain NovoPen Echo® insulin pens for diabetics because they may crack or break if exposed to certain chemicals, including some cleaning chemicals.
Cub Cadet Recalls 4,000 Utility Vehicles for Brake Failure Risk
Cub Cadet has recalled about 4,000 of the 2016 model-year Challenger utility vehicles after 80 complaints of brake failure.