Takata Says No to Fund for Victims of Defective Airbag

Congressional hearing last month urged Takata executive to create a compensation fund for victims similar to one established by General Motors after its ignition switch recall. Kevin Kennedy, an executive vice president, from Takata said, “Takata believes that a national compensation fund is not currently required,” 

Jared Levy, a spokesman for Takata, said on Thursday that the company was “committed to treating fairly anyone injured as a result of an inflater rupture.”

“For that reason,” he said, “Takata has settled a number of injury claims and will continue to do so based on the facts and circumstances of individual cases.”

Takata airbag defect is putting so many people’s lives at high risks. Takata’s airbag problem has been investigated for eight deaths and more than 100 injuries worldwide. A compensation fund could help uncover more victims.


Transcript

The Tracy Firm & Mr. Tracy on Takata Airbag Recall:

Takata Airbag Recall Lawyer E. Todd Tracy has handled vehicle crashworthiness cases against Takata Corporation. Contact us for a free consultation if you are injured by airbags made by Takata.
Takata Airbag Recall Lawyer E. Todd Tracy has handled vehicle crashworthiness cases against Takata Corporation. Contact us for a free consultation if you are injured by airbags made by Takata.

On June 3rd 2015 at TTLA Seminar in Austin TX, Attorney Todd Tracy spoke on “Why Airbag Shortcomings will Jeopardize Vehicle Safety for the Next 10 Years“. Products Liability Attorney E. Todd Tracy said “Even had Takata not recalled 34 million frontal airbags for exploding shrapnel into the bodies’ of occupants the airbag was designed to protect, there are numerous airbag shortcomings that will jeopardize vehicle safety for the next ten years.” Click here for more information on the seminar.

Takata Airbag Recall Lawyer E. Todd Tracy has tried many vehicle crashworthiness cases against Takata Corporation. Mr. Tracy is widely recognized as one of America’s best product liability lawyers. Todd is a Dallas attorney that maintains a national practice dedicated to handling vehicle safety issues. He has handled over 2,400 cases against every major vehicle, component part, and child seat manufacturer. He has tried 124 crashworthiness cases against many manufacturers. Mr. Tracy has handled cases all over the country in both federal and state jurisdictions, appearing pro hac vice in 42 states and the U. S. Virgin Islands.

The Tracy Firm have been holding automotive parts manufacturers like Takata Corporation, liable and accountable for the negligence in manufacturing defective vehicle parts. We specialize in only handling vehicle safety defect cases causing serious personal injuries for more than 2 decades and all across the United States.

If you or your loved ones are are seriously injured due to airbag explosion in a frontal vehicle accidents in vehicles recalled by Honda, Toyota, BMW, Nissan, Chrysler, Mazda, Ford, General Motors, Mitsubishi, Subaru and Isuzu; please contact our law office at 214-324-9000.

Source: New York TimesTTLA 2015 Paper on Airbag Safety Challenge for DecadesTakata Trail Attorney E. Todd TracyTRACY Law FirmOriginal Publication: July 10th, 2015