Now that Takata Corp. has pleaded guilty to fraud and agreed to pay $1 billion for concealing a defect in millions of air bags, a Miami federal judge wants to get civil cases against the company moving.
Takata attorney Keith Teel told U.S. District Judge Federico Moreno on Tuesday that he believes “at the end of the day,” settlements will resolve the entire multidistrict litigation involving personal injury and economic loss claims against Takata and several automakers who used the air bags.
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