Plaintiffs will still receive compensation through Ken Feinberg’s fund, however.
The amount of the severance packages was not disclosed.
Prosecutors Cite Misleading Statements As Key Focus In Criminal Probe Against General Motors.
The NHTSA has received over 1,000 complaints for brake line failure.
Some GM vehicles are not listed as eligible for compensation under the company’s current plan, angering some victims.
The Valukas report indicated GM high-ups did not know.
GM is learning some vehicles may have been omitted from past recalls.
Doug Parks was involved in a few decision-making discussions over replacing the Cobalt’s ignition switch.
The company will also continue to reach out to affected vehicle owners.
GM’s earnings are going to take a huge hit.
With the investigation over, the pot gets ready to call the kettle black once again.
DeGiorgio is accused of causing, complicating and prolonging the ignition switch situation.
Valukas’ report had several recommendations for Barra.