GM Criminal Case Ends After $900M Deal, 3-Year Oversight

Law360 (September 19, 2018, 10:05 PM EDT) -- The U.S. Department of Justice's criminal claims that General Motors Co. committed wire fraud and made false statements related to a deadly problem with ignition switches were officially dismissed in New York federal court Wednesday after three years of oversight following a $900 million deal.

GM ignition switches like the one in a Chevrolet Cobalt, above, were the subject of a deferred prosecution agreement. (AP) U.S. District Judge Alison J. Nathan acquiesced in the request of federal prosecutors who said in a letter Monday that the car-maker had complied with the provisions of a deferred prosecution agreement reached in September 2015, and that...

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