Not what I remember. Product liability did bring the US light aircraft industry to it's knees in the 1980'ties and I am appalled that this starts again now.
The way we were told at the time was that due to the fact that any manufacturer would have to expect such claims, they had to take out huge insurances and backup funds for such cases, which caused prices to skyrocket. Airplanes then became totally unaffordable as a consequence and would not sell. As I understood this was also why new developments almost exclusively as experimentals during these years.
I really thought that this was a thing of the past, when basically all production halted some people saw that things could not go on like this and challenged some of the product liability issues involved, but as it looks like, this has been either overturned or never changed. It is a real danger to the airplane industry if they let this come up again.
Best regards
AN2 Driver.