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Takata air bag lawsuits sent to Florida court

Published 06/02/2015, 17:35
© Reuters. Takata Corp's company plate is seen at an entrance of the building where Takata Corp headquarters is located at in Tokyo
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By Jessica Dye

NEW YORK (Reuters) - Dozens of lawsuits against Takata Corp <7312.T> and several car manufacturers over faulty air bags that prompted a wave of recalls will be heard in a Florida federal court, a judicial panel has ruled.

U.S. District Judge Frederico Moreno in the Southern District of Florida will preside over the cases, according to a ruling Thursday from the U.S. Judicial Panel on Multidistrict Litigation. The panel considers requests to consolidate related lawsuits in U.S. federal courts.

More than 70 proposed class actions have been filed in the past few months by customers who say Takata air bags are defective and can violently explode and spray metal debris, putting passengers at risk of injury or death.

Some of the lawsuits name as defendants several automakers, including Honda Motor Co (T:7267), BMW (DE:BMWG), Ford Motor Co (N:F), Nissan Motor Co Ltd (T:7201), Subaru Co Ltd <9778.T> and Toyota Motor Corp (T:7203).

The lawsuits say Takata and the automakers knew about the air bag problems for years but until recently failed to recall the cars or warn customers and safety regulators.

Plaintiffs are seeking economic damages, such as lost resale value. There are also at least 10 state and federal personal-injury lawsuits involving the air bags.

Takata's air bag inflators have been found to explode too forcefully, and the problem has prompted automakers to recall nearly 25 million vehicles worldwide since 2008. The air bags have also been linked to six deaths, all in Honda cars.

Plaintiffs' lawyers, Takata and the automakers had all agreed that the cases should be consolidated to coordinate pre-trial proceedings but disagreed on the venue.

Many of the plaintiffs supported Florida, while Takata and six automakers had asked to move the cases to Pittsburgh, which they said was more centrally located.

© Reuters. Takata Corp's company plate is seen at an entrance of the building where Takata Corp headquarters is located at in Tokyo

A lead plaintiffs' lawyer who moved to transfer the cases to Florida and several of the car companies were not immediately available. Takata, Ford and Subaru declined to comment.

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