GM begins payouts on death claims

125 death claims have been issued

gm payout

NEW YORK (NBC News) – The attorney overseeing the compensation fund set up in the wake of General Motors’ massive ignition switch recall says so far 19 of the 125 wrongful death claims are eligible for payments.

Ken Feinberg, hired by GM to handle their compensation investigation, says so far he’s received 125 death claims due to faulty switches in older GM models such as the Chevy Cobalt, and 445 claims overall.

Feinberg says that 19 so far are eligible for payments, which the families will be receive before Thanksgiving.

Investigators say it is taking some time to process all the claims because many of the accidents happened several years ago.

Read more: http://nbcnews.to/YMzspV

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