12-01-2017 20:37 via news.yahoo.com

Takata to pay $1 billion in U.S. settlement: sources

By David Shepardson NEW YORK (Reuters) - Japan's Takata Corp is expected to agree to plead guilty to charges as early as Friday as part of a $1 billion settlement with the U.S. Justice Department to resolve a government investigation into deadly air bag ruptures, sources said. The settlement includes a $25 million criminal fine, $125 million in victim compensation and $850 million to compensate automakers who have suffered losses from massive recalls, the sources said, as well as an independent
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