People suing General Motors Co over a faulty ignition switch will get two chances in Manhattan court this week to fight with GM. They will argue that the company should be held accountable for injuries, deaths, and lost vehicle value.
A program to compensate victims of crashes linked to a faulty ignition switch in General Motors vehicles has received claims for 107 deaths as of Tuesday, according to a spokeswoman for the lawyer overseeing the program.
U.S. federal prosecutors have learned that lawyers for General Motors Co were present at key meetings during which information about problems with some of its vehicles were discussed, a source close to the investigation said.
After meeting with a top executive at General Motors Co, Barclays analyst Brian Johnson hinted in a note that there might be several more recalls into the middle of the summer months, Bloomberg reported.
