Monday, May 25, 2015

Feds Find Criminal Wrongdoing in GM Ignition Switch Defect

I guess libertarians and conservatives will find it bad that the government is interfering in the leaders of a business doing they what to do.

http://www.nbcnews.com/business/business-news/feds-find-criminal-wrongdoing-gm-ignition-switch-defect-n363626

Federal investigators have found evidence of wrongdoing in General Motors' failure to disclose a defect tied to at least 84 deaths, and are seeking a substantial penalty from the company, NBC News has confirmed.

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Some former GM employees are under investigation and could face criminal charges, the Times reported.

General Motors has offered a compensation plan to those affected by the faulty ignition switches, including incidents that occurred before its 2009 bankruptcy. A U.S. bankruptcy judge ruled last month will not have to face dozens of lawsuits accusing it of concealing the defect.

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