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On March 8, San Diego-resident Jim Sikes was driving his 2008 Toyota Prius on a Southern California freeway when he claimed it began to speed out of control. According to Sikes, his attempts to slow the car failed and after reaching speeds in excess of 90 mph, he was only able to stop the runaway [...]
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Toyota’s tumultuous times and a preemptive lawsuit involving Thomas’ english muffin. These were the topics of the discussion when us editors of Risk Managment got together to record this fifth installment of the RiskCast for your listening pleasure. Also included is an interesting discussion on the top 10 product recalls ever issued. Enjoy. And remember, you [...]
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It has been an undeniably busy year when it comes to food recalls. From salmonella-contaminated peanut butter back in January that sickened thousands and killed nine to the more recent cat food recall issued by Diamond Pet Foods, the same company responsible for the tainted pet food that killed dozens of dogs around the nation in [...]
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The final price tag for Mattel’s 2007 recalls of Chinese-made toys that were found to contain lead paint could exceed $70 million after the toymaker and its Fisher-Price subsidiary agreed to settle a consumer class action lawsuit last week. This total includes more than $50 million for the settlement, a $12 million payment to 39 [...]
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