Posts Tagged ‘GM Ignition Switch’
Feds Fine GM Over Ignition Switch Row
One of the last remaining government product liability investigations ended when the automaker agreed to pay a $1 million fine to the Securities and Exchange Commission. According to the SEC, General Motors ignored a critical ignition switch flaw for at least ten years, leading to more than 120 deaths and 270 serious injuries in Saturn…
Read MoreGM Takes Ignition Switch Fight To High Court
The automaker, which has already paid more than $870 million in out-of-court settlements related to defective ignition switches, wants the Supreme Court to overturn a defective products verdict from a lower appeals court. Previously, General Motors argued that the “old GM” was liable for damages, and once the company emerged from bankruptcy in 2009, the “new…
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