State Attorneys General Investigate GM
Posted on behalf of Greg Coleman Law on Sep 05, 2014 in Auto Accident
Though General Motors (GM) is facing lawsuits from injured plaintiffs and their families and an ongoing congressional investigation, their legal woes and troubles dont end there. The auto giant is also facing an investigation spearheaded by the Michigan Attorney General Bill Schuette involving 45 total state attorney generals.
On September 4, 2014, Schuette confirmed that Michigan was leading an executive committee of state attorney generals who are investigating the ignition switch recalls that have caused GM to recall 2.6 million vehicles.
The ignition switch defects are alleged to have caused 13 deaths and more than 50 car accidents. Simultaneously, the auto manufacturer is fending off investigations from the U.S. Attorneys Office in New York and the Securities and Exchange Commission.
The investigation led by the state attorney generals will be a comprehensive investigation according to Schuette and will be conducted by working in tandem with the federal government. GM has already suffered financial consequences for the ignition switch defect debacle.
In the largest fine in the history of the automotive industry, General Motors was ordered to pay $35 million in fines by the National Highway Traffic Administration (NHTSA) for failing to recall the vehicles. GM also agreed to an additional 3 years of oversight by the NHTSA.
The investigation by the state attorney generals is very similar to a Toyota recall investigation that resulted in a $29 million settlement to settle claims by 29 state attorneys general that Toyota knew about and hid the safety defects that led to a massive recall in 2012.
Greg Coleman Law assists residents throughout Tennessee who have been injured in General Motors vehicles. If you or a loved one was injured in a car involving a GM car, contact Greg Coleman Law at 865-247-0080.