The U.S. government is determining whether charges will bebrought against General Motors Co. or its employees over thehandling of a faulty ignition switch, a person familiar with theinvestigation said.

Manhattan U.S. Attorney Preet Bharara’s office, with assistancefrom the Federal Bureau of Investigation in New York, is reviewingevidence tied to the safety defect that was linked to more than 100deaths and is attempting to determine whether anyone at theautomaker broke the law, said the person, who asked not to beidentified because the information isn’t public.

The investigators have several options available, includingcharging the automaker, individuals who work or worked at GM, orreaching a deferred prosecution agreement with the company underwhich the automaker would pay a fine and change the way it operatesin exchange for not being charged, the person said. While theinvestigation has progressed, no decision is imminent, the personsaid.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.