GM compensates families of 67 people killed by faulty ignition switches
March 17, 2015 by The Associated Press
Mar. 17, 2015 – Families of at least 67 people killed in crashes caused by defective General Motors ignition switches will get compensation from the company.
Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the total Monday. It was up from 64 last week. An additional 113 injured people also are eligible for compensation.
The fund received 4,342 claims by the January 31 deadline. Of those, 1,492 are under review and 820 were deemed ineligible. Feinberg says the rest lacked documentation or were deficient.
GM knew about problem switches in Chevrolet Cobalts and other small cars for more than a decade but recalled them only last year. They can slip out of the On position, which cuts off the engine, knocks out power steering and turns off air bags.