What's next in the GM recall case

Published on NewsOK Modified: June 6, 2014 at 7:03 am •  Published: June 6, 2014
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General Motors on Thursday released the results of an internal investigation into the delayed recall of 2.6 million cars with faulty ignition switches. But the 315-page report doesn't bring the issue to a close. Here's what's still to come in the ongoing recall case:

— CRIMINAL INVESTIGATION: The U.S. Justice Department is investigating GM's conduct and may bring criminal charges. GM's case is being investigated by the same team that got Toyota to agree to a $1.2 billion penalty for hiding unintended acceleration problems. That investigation lasted four years. The U.S. Securities and Exchange Commission is also investigating whether GM took too long to tell investors about the defective switches.

— CONGRESSIONAL ACTION: Two congressional subcommittees promised to call GM CEO Mary Barra back to Washington for further hearings after GM released its report. At hearings in April, Barra repeatedly said she couldn't answer questions because the internal investigation wasn't finished.

— COMPENSATION: GM has hired compensation expert Kenneth Feinberg to determine how to compensate victims' families. Feinberg said last week that he hasn't yet settled any cases and is waiting for GM to decide on its options.

— LAWSUITS: Lawyers say they have at least 400 possible death and injury claims against GM related to the switches. Owners whose cars have lost value have also sued GM in various federal courts. GM has asked the bankruptcy court in New York to shield it from problems that happened before its 2009 bankruptcy.