A federal bankruptcy judge on Thursday said a settlement agreement that would require General Motors Co. to pay $1 billion in stock to car owners suing the company over faulty ignition switches was not enforceable. Judge Martin Glenn of the …
General Motors Co. paid less than $600 million to settle claims by victims of its flawed ignition switches, a slightly smaller sum than what the automaker told investors it expected to pay, after a 20-month-long compensation process led by Kenneth …
General Motors Co.’s compensation chief for ignition-switch accidents paid 130 victims ahead of his Jan. 31 deadline, confirming 51 deaths to date, out of a total of 4,180 claims. Lawyer Kenneth Feinberg, speaking Monday in an interview with Bloomberg Television’s …
The families of two victims killed in a General Motors Co. vehicle with a faulty ignition switch will accept offers from a program set up to provide compensation for crash injuries and deaths, a lawyer for the family said on …
