Meadow Walker had alleged that the 2005 Porsche Carrera GT in which her father had been a passenger when it crashed in 2013 "lacked safety features that are found on well-designed racing cars or even Porsche's least expensive road cars", according to the suit filed on September 28, 2015.
The lawsuit, which was filed against the carmaker in 2015, claimed the vehicle did not have the proper safety features installed correctly in the auto. The company, however, reportedly "failed to install its electronic stability control system, which is specifically created to protect against the swerving actions inherent in hyper-sensitive vehicles of this type". The documents also reportedly state that Walker's father, also named Paul, has settled a separate lawsuit against the automaker.
The suit alleged that Porsche knew that the specific auto in Paul's case "had a history of instability and control issues". While the specific details of it remain under wraps, it is known that both parties have asked for a dismissal of the suit.
"The bottom line is that the Porsche Carrera GT is a unsafe auto", Meadow's lawyer Jeff Milam said in a statement to E!
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Two months after the lawsuit was filed, Porsche claimed the actor had "knowingly and voluntarily assumed all risk, perils and danger" in respect to the use of the vehicle.
Back in 2014, Meadow reached a $10 million settlement with Roger's estate and speaking two years later, her lawyer Jeff Milam explained that the money had gone into a trust for the teenager.
Paul Walker in character as Brian O'Conner in "Fast Five".
Both he and the driver, Roger Bodas, died within seconds.
The Times has reached out to Meadow Walker's attorney for confirmation that a settlement was reached.