State Farm Settles Rigged-Judge Auto Parts RICO Fraud Trial for $250 Million

State Farm Settles Rigged-Judge Auto Parts RICO Fraud Trial

Hale, et al. v. State Farm, No. 3:12-cv-00660 (S.D. Illinois) began over 20 years ago with a class action suit by State Farm insureds alleging State Farm wrongly replaced their post-accident vehicle parts with non-OEM in violation of the terms of their insurance policies. In 1999, an Illinois state court jury awarded plaintiffs $456 million for breach of contract by the company, and the trial judge added $730 million in punitive damages. An appellate court reduced the verdict to $1.056 billion, at that time one of the largest class-action verdicts in U.S. history. [Read more…]

Ford Motor Co. to Settle its Takata Airbag Case for $300 Million

Ford Motor Co. to Settle its Takata Airbag Case for $300 Million

Automaker Ford Motor Co. has agreed to a $299.1 million settlement in the multidistrict Takata airbag defects litigation. Nearly 70 million airbags from more than nearly 20 different auto manufacturers worldwide have been recalled due to dangerous flaws in vehicle airbags manufactured by Japan-based Takata Corporation. [Read more…]

Takata Reaches Agreement to Pay Compensation for Injured Drivers and Passengers from Airbag Defect

Takata Reaches Agreement to Pay Compensation for Injured Drivers and Passengers from Airbag Defect

Automakers and Key Safety Systems (the company acquiring Takata’s viable business assets) have agreed upon a deal that will end the bankruptcy for Takata Corp’s U.S. unit, TK Holdings Inc. The agreement includes a trust that will be established to pay compensation for those injured or killed by defective Takata airbags. Compensation will vary based on the type of injury, ranging from $10,000 for bruising to $5 million for death or loss of eyesight. [Read more…]

Takata Airbag Recall Adds Even More Vehicle Models

Takata Airbag Recall Adds Even More Vehicle Models

1.2 Million New Vehicles Added to Ongoing Recall in Face of Airbag Explosion Threat

The threat of dangerous Takata airbags have led to yet another round of vehicle recalls, as U.S. safety regulators have named more than 1.2 million additional vehicle models across 14 different automakers to the Takata airbag recall list. The newest round of ongoing recalls includes Ford, Nissan, Mercedes-Benz, Ferrari, Daimler Vans, Toyota, Tesla, BMW, Fiat Chrysler, Mazda, Subaru, Jaguar-Land Rover, McLaren, and Volkswagen. [Read more…]

Ford to 2006-Year Ranger Drivers: Stop Driving Your Vehicles Immediately

Ford to 2006-Year Ranger Drivers: Stop Driving Your Vehicles Immediately

Second Takata Airbag Death Confirmed in 2006 Ford Ranger Pickup

Ford Motor Co has alerted owners and lessees of 2006 Ford Ranger pickup trucks to immediately stop driving their vehicles in the wake of a second confirmed 2006 Ranger death seen as having been caused by an exploding defective Takata airbag inflator. Ford is warning all 2,600 2006-year Ranger owners on record to stop driving the vehicles right away and have the affected parts replaced without delay. [Read more…]

Toyota & Honda Recall Yet Another Million+ Vehicles in U.S. with Defective Takata Airbags

Toyota & Honda Recall Yet Another Million+ Vehicles in U.S. with Defective Takata Airbags

Right on the heels of a January 8 recall expansion that added 3 million airbags, automakers Toyota and Honda have announced the recall of more than 1 million additional vehicles in the United States that are equipped with defective and potentially deadly Takata airbag inflators. This marks yet another increase to a cumulative recall that was already the largest in U.S. history. [Read more…]

World’s Largest Auto Recall Expands Again, As Takata Adds Another 3 Million Airbags

World's Largest Auto Recall Expands Again; Takata Adds Another 3 Million Airbags to Recall

Japanese airbag maker Takata is adding another 3.3 million faulty airbag inflators to the world’s largest automotive recall in U.S. history. The newly recalled airbags correspond to vehicles from Honda, Toyota, Audi, BMW, Daimler Vans, Fiat Chrysler, Ford, General Motors, Jaguar-Land Rover, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Subaru and Tesla manufactured in 2009, 2010 and 2013. [Read more…]

Judge Grants Final Approval to $741M Takata Airbag Settlement

Judge Grants Final Approval to $741m Takata Airbag Settlement

A Florida federal judge has granted final approval to an aggregate settlement of $741 million with Toyota, BMW, Subaru and Mazda over claims relating to vehicles containing dangerous and defective Takata airbags, linked to more than 100 injuries and 19 deaths worldwide. [Read more…]

NHTSA Investigating Ford Explorer SUV Exhaust Fume Leaks

NHTSA Investigating Ford Explorer SUV Exhaust Fume Leaks

The National Highway Traffic Safety Administration (NHTSA) is expanding its investigation into complaints about leaky exhaust fumes in Ford Explorer SUVs, adding 400,000 vehicles to bring the total review pool up to over 1.3 million Explorers with model years ranging from 2011-2017. Fume leaks inside the Ford vehicles have reportedly led to numerous instances of driver impairment. [Read more…]

Mark Chalos to Discuss Auto Defect Litigation at September TTLA Auto Accident Seminar

Mark Chalos to Discuss Auto Defect Litigation at September TTLA Auto Accident Seminar

Lieff Cabraser partner Mark P. Chalos is scheduled to speak at the Tennessee Trial Lawyers Association (TTLA) Auto Accident Seminar on September 28, 2017 at the AT&T Building in Nashville, Tennessee. Mr. Chalos will be discussing “Auto Defect Litigation” from 3:00-4:00pm CDT. [Read more…]