Takata – japanese airbag maker – guilty plea expected in cover-up of air bag troubles

It took a while to have them do it but Takata Corp. is expected to plead guilty Monday to a criminal charge and agree to a $1 billion penalty for concealing a deadly air bag inflator problem.
Takata air bags would deploy and explode with such force that shards of the bag would become projectiles.
Last month it agreed to plead guilty to one count of wire fraud. Three executives also were indicted on charges that they falsified test reports, according to the ap. At least 16 people have been killed worldwide and more than 180 have been hurt.
Judge George Caram Steeh is expected to be asked to appoint attorney Kenneth Feinberg to distribute restitution payments to victims and their families.


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