Articles by Margaret Cronin Fisk

Kobe Steel Can Expect Spate of Lawsuits for Its 10 Years of False Data

Kobe Steel Ltd.’s legal problems are just beginning in wake of the company’s disclosure that it falsified data for years about the durability of aluminum and copper used in airplanes, trains and vehicles. The Japanese company, which supplies many of …

Court Overturns $663 Million Fraud Judgment Against Guardrail Maker Trinity

Trinity Industries Inc. won’t have to pay a $663 million judgment that was awarded in a whistleblower lawsuit alleging the company defrauded the U.S. government with a faulty highway guardrail safety system. A federal appeals court in New Orleans Friday …

Lawsuit Claims J&J Knew of Asbestos in Talcum Powder in ’70s

Johnson & Johnson trained its employees to reassure anyone concerned about whether the company’s talcum powder contained asbestos that the cancer-causing substance “has never been found and it never will” in its iconic baby powder, according to an undated memo …

Judge ‘Strongly’ Inclined to Approve Volkswagen $14.7 Billion Settlement

Volkswagen AG and car owners will likely secure a federal judge’s final sign-off on their $14.7 billion settlement as the automaker continues to seek regulators’ approval of a fix for 482,000 pollution-spewing vehicles still on U.S. roads. U.S. District Judge …

GM Settles Bellwether Ignition Switch Cases Before Trial

General Motors Co. settled the final two bellwether cases over ignition switch flaws scheduled for trial in federal court in New York, averting one set to begin next week. Terms of the settlements are confidential, according to statements Monday by …

California’s Deal with VW in Diesel Cheating Scandal OK’d by Judge

Volkswagen AG’s agreement with California to resolve unfair competition claims tied to the company’s emissions-cheating scandal won final approval from the federal judge overseeing hundreds of lawsuits in the U.S. California’s consent decree is part of VW’s more than $16.5 …

GM Is Winning Ignition-Switch Defect Trials

General Motors Co.’s victory in a Houston courtroom Thursday makes the carmaker three for three in trials related to an ignition-switch defect, but its legal entanglements may stretch on for years. At least a dozen lawsuits are set for trial …

Wrong Key Fails to Derail Texas GM Ignition Suit

General Motors LLC failed to derail a Texas family’s claim for damages over a car crash blamed on a faulty ignition-switch after jurors were shown the wrong car key last week. GM claimed Zachary Stevens’ family intentionally faked evidence in …

CEO Tells Jury GM Failed to Diagnose Ignition Switch as Safety Defect

General Motors Co. failed to designate a flawed ignition switch linked to multiple deaths and injuries as a safety concern, Chief Executive Officer Mary Barra told jurors at a Texas trial. GM engineers in 2004 and 2005 “misdiagnosed it as …

Takata Engineers ‘Manipulated’ Results of Air-Bag Inflator Tests: Honda Audit

Takata Corp., the air-bag supplier behind the industry’s largest ever recall, routinely manipulated results of air-bag inflator tests reported to Honda Motor Co., according to an ongoing audit commissioned by the parts maker and its biggest customer. Takata engineers removed …