Category: Financial News
Takata Pleads Guilty, Pays $1 Billion for Exploding Airbag Scandal
Takata Corp. of Japan will pay $1 billion and plead guilty to a criminal charge for hiding a dangerous defect that can cause airbag inflators to explode.
Bad Boy Buggies Recalled After Rollover Death Lawsuit
Textron has recalled Bad Boy and Bone Collector XTO off-road vehicles that do not have seat belts, posing a risk of severe injury in rollover accidents. The family of a 14-year-old boy who died in 2014 has filed a lawsuit.
Lawyers Ask to Consolidate 100+ Mirena Brain Injury Lawsuits
Migraine headaches and vision loss are symptoms of a brain injury linked to Bayer's Mirena IUD. There are now 116 lawsuits from women who developed high pressure in the skull, Intracranial Hypertension (IH) or Pseudotumor Cerebri (PTC).
EPA Accuses Fiat Chrysler of Emissions Cheating
The U.S. Environmental Protection Agency (EPA) has accused Fiat Chrysler of using secret software that allowed illegal emissions on at least 104,000 of its diesel vehicles, the latest in an unprecedented government crackdown on automakers for alleged pollution violations.
Big Jury Awards Spark More Railroad Cancer Lawsuits
After a railroad worker with leukemia was awarded $7.5 million last year, a growing number of lawsuits accuse railways of failing to protect workers against toxic chemicals like creosote, asbestos, and lead — and even sun exposure.
Toshiba Recalls Laptop Batteries Due to Fire Hazard
Toshiba is expanding a recall to include about 200,000 lithium-ion laptop batteries because they can overheat and catch on fire, posing burn injury hazards to consumers.
Odyssey Minivan Recall Comes 6 Years After 1st Complaint
Honda recalled 634,000 of its 2011-2016 Odyssey minivans about six years after receiving reports of 2nd-row seats flipping forward during braking. Owners filed nearly 700 warranty claims by the time Honda decided to fix the safety hazard.
Sign Up to Join WEN Class Action Lawsuit Settlement
Everyone who bought WEN or suffered hair loss has until April 28, 2017 to file a claim for $25 cash or up to $20,000 in compensation for hair loss. Here is how to join the class action and get your...
Invokana Lawsuits Centralized in New Jersey MDL
Nearly 100 lawsuits involving kidney failure, ketoacidosis, and other side effects of Janssen Pharmaceuticals' diabetes drugs Invokana and Invokamet have been centralized under one federal judge in New Jersey.
DeVry Students Get Loan Forgiveness in $100 Million Settlement
Tens of thousands of DeVry University students will split a $50 million refund and another $50 million in loan forgiveness as part of a false-advertising lawsuit settlement.