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Showing results for tags 'ftc'.
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General Motors' conduct after the defect was fund is the underlying issue. To date, the number of people killed or injured from the defective switches is about 400. The recall affected millions of vehicles, but the real issue is the possible cover up of the defect. As of this date the compensation fund set up to compensated those killed has approved 126 requests.
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John Goreham Contributing Writer, GM-Trucks.com 7/24/2015 In an earlier report, we detailed how the Justice Department might charge GM and some of its executives with a crime over the ignition recall issue. The latest news is that the Federal Trade Commission (FTC) is looking to GM's activities. One part of the issue is not clear is if the dealers are the target of the probe, GMN, or both. The Detroit News reports that GM responded to the FTC June 3rd. The FTC has confirmed the investigation but would not elaborate. General Motors' conduct after the defect was fund is the underlying issue. To date, the number of people killed or injured from the defective switches is about 400. The recall affected millions of vehicles, but the real issue is the possible cover up of the defect. As of this date the compensation fund set up to compensated those killed has approved 126 requests.
