Violation Tracker Individual Record

Company: 
Takata Corporation
Current Parent Company: 
Takata
Penalty: 
$1,000,000,000
Year: 
2017
Date: 
January 13, 2017
Primary Offense: 
fraud
Secondary Offense: 
motor vehicle safety violation
Violation Description: 

Tokyo-based Takata Corporation agreed to plead guilty to wire fraud and pay a total of $1 billion in criminal penalties stemming from the company's fraudulent conduct in relation to sales of defective airbag inflators.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Criminal Division
Civil or Criminal Case: 
criminal
HQ Country of Parent: 
Japan
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
automotive parts
Specific Industry of Parent: 
automotive parts
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.