Walker's friend, Roger Rodas, was driving the auto and was also killed in the crash.
She filed the suit in 2015 claiming her father had been trapped by a faulty seat belt and burned alive, also claiming the manufacturer had been aware the vehicle had safety issues.
Three Nazi fanboys arrested for attempted murder after Richard Spencer speech
Police have said that at least two of these men have connections to extremist groups and that Tyler Tenbrink is a convicted felon. It was not clear whether police or prosecutors are contemplating seeking hate-crime enhancements to the charges.
In court documents obtained by PEOPLE, Meadow's lawyers asserted that despite Porsche "knowing that the Carrera GT had a history of instability and control issues", the company "failed to install its electronic stability control system", which they say is "specifically created to protect against the swerving actions inherent in hyper-sensitive vehicles of this type". They also claimed that the auto lacked safety features that are present in well-designed race cars even in Porsche's affordable vehicles.
The terms of the settlement are confidential, and both parties have pleaded that the lawsuit be dismissed.
"The bottom line is that the Porsche Carrera GT is a unsafe auto", Meadow's lawyer Jeff Milam said in a statement to E!
Dominant India thrash Malaysia 6-2 in Asia Cup
The second quarter saw both the teams battle it out in the midfield as they looked to establish their authority in the match. In the Super-4s round, Pakistan lost 3-2 against Malaysia, drew 1-1 against South Korea before the match against India.
E! News reports that Meadow and the luxury auto company reached a settlement on Monday, Oct. 16. Meadow Walker, who was 15 at the time of her father's death, already received a $10.1 million settlement in 2016 from Rodas' estate.
Walker's father, Paul Walker III, also settled a separate lawsuit against the German automobile manufacturer.
Vin Diesel and Paul Walker in a scene from the film "The Fast And The Furious". "And we shouldn't be without Paul Walker or his friend, Roger Rodas", said Jeff Milam, the lawyer of Meadow Walker.
Amazon Studios exec resigns following lesbian producer's sexual harassment accusations
In a script draft obtained by the magazine, the series "follows a young woman named Cindy who is sold into sex slavery". Good Girls Revolt's cancellation was far from a surprise to many because-Transparent and the upcoming Marvelous Mrs.
The attorney continued, "Meadow's lawsuit against Porsche AG - a $13 billion corporation - intends to hold the company responsible for producing a vehicle that was defective and caused Paul Walker's death".