Analysis

Takata Charges Show Execs Not Safe Over Safety Lapses

By Emily Field (January 17, 2017, 10:57 PM EST) -- The U.S. Department of Justice's decision to pursue criminal charges against Takata executives allegedly connected to a yearslong scheme to cover up the company's potentially deadly air bag inflators shows an increased comfort in bringing criminal charges over safety violations, attorneys say.

The company agreed last week to plead guilty to wire fraud and pay $1 billion, including $25 million in criminal penalties, over a scheme to falsify data from test reports for the since-recalled air bag inflators the Japanese company provided to automakers. The development comes a year after the National Highway Traffic Safety Administration imposed its largest-ever fine of $200 million...

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