$1 Billion Apology: Takata Pleads Guilty as CFO Explains Its ‘Deeply Inappropriate’ Behavior

It's been a long road to this point, but Takata's CFO, Yoichiro Nomura, finally had the opportunity to plead guilty on behalf of the company to fraud. The company accepted a $1 billion settlement with the U.S. government yesterday as Nomura condemned Takata's actions as "deeply inappropriate." U.S. District Court Judge George Steeh confirmed the previously agreed-to settlement against […] The post $1 Billion Apology: Takata Pleads Guilty as CFO Explains Its 'Deeply Inappropriate' Behavior appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA