Blog - Page 154

After lengthy negotiations, Toyota Motor Corp. has settled a class-action lawsuit with Toyota owners in the wake of safety issues between September 2009 and December 2010. The settlement, valued at over $1 billion, will be distributed in part via a $250 million pool for customers who have sold or turned in leased vehicles in the affected years. The lawsuit claimed that the resale value of Toyota vehicles dropped steeply after several recalls related to accelerator...

More than 300 toilets have exploded in recent months resulting in at least one serious injury. The cause of the explosion is a faulty flushing mechanism produced by Flushmate, and damage has varied from simple broken toilets to actual personal injury - one man received dozens of stitches after sustaining a laceration when the porcelain exploded while he was using the toilet. The flushing mechanisms in question were sold at Home Depot and Lowe's, but were also...

A manufacturer of generic versions of the cholesterol medication Lipitor has announced that it will halt production of the drug after learning that several lots may have been contaminated with small glass particulates. No injuries have been reported as a result of the defective products, but the company says that it is possible that "adverse experiences arising primarily due to physical irritation" could result from the glass contamination. Therefore, the company...