GM settles ignition switch suit News

General Motors Co. paid less than $600 million to settle claims by victims of its flawed ignition switches, a slightly smaller sum than what the automaker told investors it expected to pay, after a 20-month-long compensation process led by Kenneth …

General Motors Co. settled a lawsuit over the death of a 29-year-old woman that helped trigger the recall of 2.59 million cars with faulty ignition switches, lawyers for her family said. Brooke Melton, 29, died in a March 2010 crash …