Kia Hit With $40M Jury Verdict In Wrongful Death Case

Law360, New York (June 27, 2011, 7:12 PM EDT) -- A jury in an Alabama state court on Thursday hit Kia Motors Corp. with a $40 million verdict in a wrongful death suit regarding a defective seatbelt buckle in vehicles that the Korean carmaker failed to recall in a timely way.

Attorneys representing the mother of a teenage girl said Kia knew that certain Sephia and Sportage vehicles from model years 1995 to 2000 contained the defective buckle.

The buckle, which had a "false latching" defect, was used in the car 16-year-old Tiffany Stabler was driving...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.