Takata - Auto Safety ($1 billion)
Posted December 13, 2018
Constantine Cannon represented two whistleblowers in a submission under the Motor Vehicle Safety Whistleblower Act, alleging serious defects in Takata airbags which exploded and claimed the lives of 22 people and set off a worldwide recall of nearly 100 million airbag inflators. In January 2017, Takata pled guilty to wire fraud and agreed to pay $1 billion in criminal penalties stemming from the company’s fraudulent conduct in relation to sales of defective airbag inflators. The whistleblower awards our clients received in March 2018 were the first ever made under the Auto Safety Whistleblower Program. Read more — NPR, WSJ, Reuters, CC.
Tagged in: Auto Safety, Whistleblower Rewards,