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Takata to plead guilty February 27: court documents Feb 7, 2017
 

FILE PHOTO: Visitors walk behind a logo of Takata Corp on its display at a showroom for vehicles in TokyoJapan's Takata Corp is set to plead guilty Feb. 27 in federal court in Detroit to a single felony count of wire fraud to resolve a U.S. Justice Department investigation into ruptures of its air bag inflators linked to at least 16 deaths worldwide, according to a court filing Tuesday. U.S. prosecutors also charged three former senior Takata executives in Japan with falsifying test results to conceal the inflator defect linked the recall of about 100 million air bag inflators worldwide. Takata has agreed to pay a $25 million fine, $125 million in a victim compensation fund, including for future incidents, and $850 million to compensate automakers for massive recall costs, the Justice Department said.


 
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