(Bloomberg) -- General Motors Co. settled a lawsuit over thedeath of a 29-year-old woman that helped trigger the recall of 2.59million cars with faulty ignition switches.
GM is the target of investigations by state and federalagencies related to the ignition faults. The defect resultedin 64 deaths and 108 other injury claims eligible for compensation,according to Kenneth Feinberg, administrator of the automaker’sfund created to pay victims. Another 156 death claims are underreview, according to the fund.
Anton Valukas, a lawyer paid by GM, reported last year thatthe company failed for at least a decade to promptly resolvecomplaints from consumers, dealers and others about abnormalcrashes in the Chevy Cobalt and Saturn Ion. Valukas also reportedthat GM later replaced the faulty ignition switch withoutalerting the public or changing the part number as required.
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