Free Consultation

Office Locations

The Cochran Firm Legal Blog

With Office Locations Nationwide

Monday, February 23, 2015

Mounting Fines for Takata

The National Highway Traffic Safety Administration has announced it will be fining Takata Corp. $14,000 per day until the airbag manufacturer comes into compliance with Department of Transportation orders. Takata has failed to cooperate during the federal investigation into the company’s faulty airbags – airbags which have made their way into makes and models from nearly all car manufacturers. The DOT is currently requesting more resources from Congress and has asked that maximum allowable penalties for Takata be raised to $300 million.
Fining a company for its refusal to cooperate in a defective product investigation is rarely necessary, but the scope of this investigation and potential liability that Takata faces has created a rather unique situation. Regardless of the outcome of this particular battle, if you or someone you love has sustained injury from a defective airbag, the attorneys at The Cochran Firm are here to help.
The Cochran Firm has been helping victims of negligent corporations for decades and has the resources necessary to win significant settlements for our clients. If you have been injured or a loved one has been killed by a defective Takata airbag, please contact us online or call (800) 843-3476 to be put in touch with an experienced attorney in your area today.

posted by Admin at 11:04 AM

1.800.THE FIRM | 1.800.843.3476

The Cochran Firm handles Civil Litigation and Criminal Defense claims for clients throughout the United States of America. The information on this website does not constitute legal advice nor form an attorney-client relationship.Please contact The Cochran Firm today to schedule a free consultation.

Site Design, Development and Optimization by Page 1 Solutions | © - | Disclaimer