57 Fatalities Linked to GM’s Ignition Switch Failure
The number of deaths General Motors has acknowledged as attributable to crashes caused by its faulty ignition switches has risen to 57. Over 4,000 injury and death claims have been filed against the automaker for its negligence and failure admit to a problem with the ignition switches in 2.6 million of its vehicles. By the end of 2014, Kenneth Feinberg, the attorney administering GM’s Compensation Fund, had approved the payout of $93 million of the estimated $400-600 million GM set aside for claimants, but Feinberg also noted that there is no cap on the amount of money GM will spend to compensate victims and their families. In addition to the injury and death claims submitted to GM’s Compensation Fund, the automaker faces 104 wrongful death and injury lawsuits, and 108 class action suits claiming depreciated vehicle value after the ignition switch scandal broke.