WASHINGTON — Prominent attorneys Kenneth Feinberg and Camille Biros have been named to oversee a $500 million victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes, a spokeswoman for Feinberg confirmed on …
Boeing Co. said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with veteran U.S. compensation expert Ken Feinberg hired …
A federal appeals court ruling that General Motors can’t use its 2009 bankruptcy to fend off lawsuits over faulty and dangerous ignition switches exposes the automaker to billions in additional liabilities, according to legal experts. The 2nd U.S. Circuit Court …
Among the more than 140 plaintiffs’ lawyers competing to lead private litigation against Volkswagen over its emissions cheating scandal is former U.S. Senator and Democratic Vice-Presidential candidate John Edwards. Edwards, who was a trial lawyer in North Carolina before his …
Consumer lawyers suing Volkswagen AG over economic losses tied to vehicles rigged to cheat emissions tests have nominated Kenneth Feinberg as a special settlement master. Feinberg handled General Motors Co.’ ignition switch fund, as well as compensation for victims of …
General Motors Co. paid less than $600 million to settle claims by victims of its flawed ignition switches, a slightly smaller sum than what the automaker told investors it expected to pay, after a 20-month-long compensation process led by Kenneth …
Lawyers hired to compensate victims of General Motors’ faulty ignition switches have rejected 91 percent of the claims submitted. They finished determining which claims were eligible last week. The compensation fund led by lawyer Kenneth Feinberg approved 399 of the …
General Motors Co. is looking past last year’s safety recalls of 36 million vehicles worldwide as recall costs continue to shrink. Here is a by-the-numbers look at the recall issues, including new information filed Thursday in GM’s second-quarter earnings release …
General Motors’ faulty ignition switches were responsible for at least 124 deaths and 266 injuries, according to a fund set up to compensate the victims. The fund, run by attorney Kenneth Feinberg, said Monday it has finished processing the 4,342 …
General Motors Co. directors don’t have to face investors’ allegations that lax supervision allowed the company to make cars with faulty ignition systems blamed for more than 100 people their lives. GM’s board had adequate risk-assessment systems in place even …