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GM Will Pay $900 Million To Settle Defective Ignition Switch Claims

(September 17, 2015, 12:35 PM EDT) -- CHICAGO — General Motors LLC and the U.S. Department of Justice (DOJ) on Sept. 17 announced that they have reached a $900 million settlement of claims against the automaker pertaining to the company’s misleading of the government and the public with regard to faulty ignition switches in some of its vehicles that led to 124 deaths (United States of America v. $900,000,000 in United States Currency, No. 15-07342, S.D. N.Y.).

(Verified complaint / settlement available. Document #77-150923-013C.)

Settlement

The U.S. attorney for the Southern District of...
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