Headline Details

GM blasts $1 billion deal between ignition switch plaintiffs, creditor trust

Published on: Fri, 11 Aug 2017 19:07:28 UTC
News Agency: Reuters
Description:
(Reuters) - Plaintiffs suing General Motors Co over faulty ignition switches and other alleged vehicle defects have reached a $1 billion settlement requiring the automaker to turn over that amount of stock, a lawyer for the plaintiffs said in a court hearing on Friday.

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