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GM ignition switch fund offers $594.5 million to victims

from The Detroit News

More than 90 percent of those who received offers from the General Motors Co. ignition switch compensation fund have opted to accept them, including all of the 124 families whose loved ones’ death claims were tied to the defective switches, according to a final report released early Thursday. Of the 399 claims that were approved out of 4,343 received, a total of $594.5 million in compensation was offered to claimants, according to the report issued by Washington attorney Kenneth Feinberg. more

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