Federal prosecutors are poised to settle a criminal investigation into General Motor’s mishandling of the ignition switch defect linked to more than 120 deaths and hundreds of injuries. [More]
Ignition Defect
Report: Prosecutors, GM Reach $900M Agreement To Settle Criminal Charges Over Ignition Defect
By 9.17.15
9-Out-Of-10 GM Ignition Switch Compensation Claims Denied
By 8.24.15
The fund set up by General Motors to compensate victims of the carmaker’s long-ignored ignition switch defect ultimately acknowledged that GM was responsible for 124 deaths and 257 injuries, but these confirmed instances only represent a small portion of the thousands of claims rejected by the fund. [More]
GM Loses Fight To Keep Ignition-Defect Documents From Going Public
By 7.29.15
General Motors, which has acknowledged being responsible for more than 100 deaths because of its failure to recall vehicles with a known defect in the ignition switch, doesn’t want the public to see documents turned up as part of an ongoing lawsuit. But a federal court recently ruled against the car maker, which could be embarrassing for GM. [More]
GM May Face Federal Wire Fraud Charges Over Ignition Defect
By 6.9.15
We recently told you that prosecutors were considering bringing criminal charges against General Motors over the long-delayed ignition switch recall that resulted in more than 100 deaths, and now the picture is becoming clearer as to what charges the car maker might face. [More]
GM Won’t Face Ignition Defect Lawsuits, Thanks To 2009 Bankruptcy
By 4.15.15
The same process that allowed a bankrupt General Motors to work its way back (with the help of several billion dollars from taxpayers) to being a viable business is, six years later, helping to shield the company from potentially billions of dollars in damages from class action fraud lawsuits involving the long-ignored ignition defect that claimed the lives of at least 84 people. [More]
GM Confirms At Least 19 Deaths Now Tied To Ignition Switch Defect
By 9.15.14
Despite receiving more than 100 death claims tied to General Motor’s deadly ignition switch defect, officials tasked with investigating the claims on behalf of the company’s Ignition Switch Compensation Fund say only 19 deaths claims have been approved to receive payments; that’s just six more than the company originally identified and far fewer than other reports have tied to the issue. [More]
