Following criticism of its handling of the recall of 2.6 million cars with faulty ignition switches, General Motors’ board of directors has hired an outside law firm to do an “independent assessment” of the automaker’s processes and business practices, The Detroit News reports.
Sources say GM has hired New York-based law firm Wachtell, Lipton, Rosen & Katz to perform an overview of certain business practices within the company. The automaker previously announced it had hired former Lehman Brothers investigator Anton Valukas to conduct an internal probe of its practices as well as compensation expert Ken Feinberg to decide whether or not crash victims should be compensated.
GM spokesman Greg Martin declined to comment on the board’s decision when approached for a statement by The Detroit News.
The National Highway Traffic Safety Administration’s long-standing investigation into the recall reached a conclusion today when General Motors signed a consent order saying it would pay $35 million for failing to report defective ignition switches. It faces 70 other lawsuits around the country and is also being investigated by the U.S. Justice Department and two congressional committees in regards to its handling of the recall.
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