Compensation program to be launched by automaker for accident victims
06/05/2014 // West Palm Beach, Florida, US // JusticeNewsFlash // Justice News Flash // (press release)
Detroit – General Motors is reportedly set to launch a program that will compensate accident victims or families for crashes linked to an ignition switch problem with its older model cars. As reported by the Associated Press (AP), the company has stated that the program is anticipated to begin accepting claims on Aug 1.
According to GM, compensation expert Kenneth Feinberg is expected to developed guidelines and other details for the program in upcoming weeks.
Feinberg is quoted as stating to the Associated Press of the task, “I have my work cut out for me… I’ll propose some ideas based on my experience that will form the basis for a … compensation program.”
Approximately 2.6 million vehicles have been recalled in connection with the ignition switch problem, which has been linked to a reported 13 crash deaths.
This report is provided by Justice News Flash – Detroit Legal News
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