Category: Financial News
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.
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.
Jury Awards $5 Million in Ladder Fall Injury Lawsuit
A jury in Florida awarded more than $4.7 million to a man who was seriously injured after falling off a step-ladder from Home Depot. His lawyers called the ladder a "ticking time bomb in the form of a misplaced rivet."
Class Action Lawsuit Filed Over Euthanasia Drug in “Cocolicious” Dog Food
A class action lawsuit has been filed against two companies involved in the manufacture and distribution of an upscale dog food known as “Cocolicious” for allegedly containing the animal euthanasia drug phenobarbital.
Rust-Oleum, Turtle Wax Hit With Benzene Lawsuit in Illinois
A benzene lawsuit has been filed against the makers of Rust-Oleum and Turtle Wax by a woman who was diagnosed with lymphoma after being exposed to toxic emissions from facilities in Wood River, Illinois.
Lawsuits Filed Over X-Lite Guardrail Deaths in Tennessee
There are now at least 7 deaths in Tennessee, Missouri, and Virginia linked to an X-Lite guardrail. The manufacturer, Lindsay Corp., is facing a growing number of lawsuits on behalf of people who died in horrific car accidents where their...
Mazda Recalls 228,000 Cars for Parking Brake Problem
Mazda USA is recalling nearly 228,000 vehicles over concerns that the parking brake may not fully release or could fail to hold while engaged, increasing the risk of a crash.