GM's Compensation Fund Begins Sending Out Settlements
When we last checked in on General Motors' Ignition Switch Compensation Fund, almost 300 claims were filed by families due because they were effected by the ignition switch problem. Now according to the Detroit Free Press, some of the claimants are starting to see settlements.
The Detroit Free Press reports that Compensation Fund Administrator, Kenneth Feinberg has approved nineteen claims made by families who said the ignition switch caused the death of a loved one. This up from the thirteen deaths that General Motors and federal safety regulators have identified.
Feinberg has also approved four claims of those who were seriously injured and eight claims of those who were slightly injured by the ignition switch problem.
Source: Detroit Free Press
William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster.
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