Japan's Takata Corp could settle US criminal probe next month


Japan's Takata Corp, maker of defective air bags that have been linked to 11 US deaths, could settle criminal charges with the US Department of Justice before the Obama administration leaves office next month, a source briefed on the ongoing talks told Reuters on Wednesday.

Part of a settlement would include Takata pleading guilty to criminal misconduct, the source told Reuters. The Justice Department has investigated whether Takata hid information from safety regulators and issued misleading statements about the dangers posed.....

This article is no longer available in our repository.

There could be multiple reasons for this.