28-12-2016 19:38 via news.yahoo.com

Takata could pay up to $1 billion to settle U.S. criminal probe - WSJ

(Reuters) - Japan's Takata Corp is nearing a settlement with the U.S. Department of Justice and is expected to pay up to $1 billion to resolve allegations of criminal wrongdoing related to its faulty air bag inflators, the Wall Street Journal reported. The final figure could be in the high hundreds of millions of dollars, the Journal reported on Wednesday, citing people familiar with the matter. Takata is expected to pay a part of the penalty up front and the rest over a number of years, accordi
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