According to a new report by Bloomberg, the U.S. government is in the process of weighing the evidence against General Motors Company GM 0.34% to determine if there are grounds for criminal charges relating to a faulty ignition switch that has been linked to more than 100 deaths.
Citing “a person familiar with the investigation,” the Bloomberg report indicates that Manhattan U.S. Attorney Preet Bharara has been reviewing evidence in coordination with the Federal Bureau of Investigation to determine if any GM employees broke the law.
Faulty Switch
GM’s faulty ignition switches can become jammed in the “accessory” position, disabling power steering and airbags.
GM has already recalled of 2.59 million cars containing the faulty switches, and the company has taken $550 million in charges for payouts related to victim compensation.
U.S. Options
If any evidence is deemed sufficient, the U.S. government can decide to…
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