G.M. Settles Ignition Switch Flaw Cases

September 17, 2015 6:20 PM

51 16

G.M. Settles Ignition Switch Flaw Cases

General Motors went a long way on Thursday toward clearing the legal morass stemming from its decade-long failure to disclose a deadly safety defect in millions of older small cars.

In simultaneous announcements, the automaker said it had resolved two substantial avenues of litigation: a criminal investigation by the Justice Department, and hundreds of private lawsuits filed by victims of a faulty ignition switch that has been linked to at least 124 deaths.

Also read: One CEO Got Paid $46 Million in a Month, but the Rest of the Year Is a Mystery

Read more

To category page