LINCOLN - Attorney General Doug Peterson announced today a settlement with TK Holdings, Inc., the U.S. subsidiary of Takata, over allegations that the company concealed safety issues related to its airbag systems which were installed in a wide variety of vehicles. TK Holdings, Inc. filed a bankruptcy case in chapter 11 in June 2017, and its reorganization plan has been confirmed by the United States Bankruptcy Court for the District of Delaware. The consent decree and settlement agreement have been presented to that court for approval.
Lincoln -- Attorney General Doug Peterson reminds Nebraskans who wired money to scam artists via Western Union from January 1, 2004 through January 19, 2017 that the deadline to claim a refund for that money is approaching. Completed claim forms must be mailed back to the settlement administrator by May 31, 2018.
Attorney General Doug Peterson, 48 other state attorneys general, the District of Columbia and over 45 state mortgage regulators have reached a $45 million settlement with New Jersey-based mortgage lender and servicer PHH Mortgage Corporation.