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GM blasts US$1b deal between ignition switch plaintiffs, creditor trust

Monday, August 14, 2017 - 05:50

New York

PLAINTIFFS suing General Motors Co over faulty ignition switches and other alleged vehicle defects have reached a US$1 billion settlement requiring the carmaker to turn over that amount of stock, a lawyer for the plaintiffs said in a court hearing on Friday.

GM lawyer

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