Tag Archives: ford recall fine

This was apparently the second plea bargain by an automaker this year to avoid protracted litigation with NHTSA over a safety defect. Chrysler recently negotiated a deal on Jeep gas tank fires. Neither automaker admitted guilt in the NHTSA deals, an important defense in product liability litigation that always surrounds major recalls. If the document was leaked from the National Highway Traffic Safety Agency, then the agency is in clear violation of SEC regulation FD, for full disclosure, which says in essence that material information should be released to all, not selectively. Continue reading →