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GM To Pay Familes of Those Who Died Due To Faulty Switches
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Story By: Larry Stine

 

 

 
 
 
   
   
  Originally Published on: 6/30/2014

General Motors is offering to pay at least a million dollars to the families of those who died as a result of an ignition switch defect in G-M cars. The automaker will give another $300,000 for each surviving spouse and dependent, in addition to a sum of money that will be determined by the victim's earning potential. Attorney Kenneth Feinberg, who devised the compensation plan, gave details on it this morning. "Whatever it costs to pay all eligible claims under the protocol, they will pay it," Feinberg says. "There is no ceiling on the aggregate dollars. Also, GM has said under this program, anybody who already settled their claim with GM before they knew about this cover-up, or this ignition switch problem, may rip up the release they signed and come back into this program to get additional compensation." At least 13 people died and many more were injured as a result of a faulty ignition switch installed in 2.6-million G-M cars. The automaker is also offering money to drivers, passengers and pedestrians hurt in crashes that were caused by the defect in those cars. The amount they'll receive will depend on the severity of thier injuries.
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