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GM with Major Announcement

General Motors took responsibility for safety issues that led to the deaths of more than a dozen people and today the company will be putting its money where its mouth is.

Automaker announces payouts to those affected by faulty ignition switches

MLive.com is reporting today that there will be an announcement on the payout for those affected by the faulty ignitition switches that led to the recall of thousands of vehicles.

13 deaths have officially been linked to the problem, but families and their attorneys claim the number is closer to 100.

Renowned compensation attorney Kenneth Feinberg is scheduled to announce terms of the settlement with the automaker.  It will include payouts to not only families of those killed in crashes resulting from the defect, but also those seriously injured.

Feinberg is best known for gaining millions of dollars in compensation in a number of high-profile cases, including the September 11th and Boston Marathon terrorist attacks and the Virginia Tech school shooping.

The report indicates that documents provided to the federal government, indicated that General Motors knew about the faulty ignitition switches in the early 2000s but didn’t issue recalls until this year.

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