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Takata Says Air Bag Victims Don't Need Compensation Fund

By Sindhu Sundar ( July 10, 2015, 1:49 PM EDT) -- Takata Corp. has declined to establish a compensation fund for victims of its air bag defect linked to at least eight deaths, citing the "limited number of claims" filed so far and the ongoing multidistrict litigation over injuries caused by accidents related to the defect, a U.S. senator said Friday....

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