Attorney Ken Feinberg On Claims Against GM
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CEO Mary Barra says GM is committed to doing the right thing for the families of people killed and those injured because of faulty ignition switches. Defective switches were installed in approximately 2.6 million cars. GM has hired mediator and attorney Ken Feinberg to evaluate claims and make compensation offers. The individual pay-outs will likely range from a few thousand dollars into the millions. Ken Feinberg, who previously lead the 9/11 victim compensation fund and several other high profile compensation efforts, joins Diane to talk about how he’ll be evaluating claims against GM and what families with losses can expect.
independent administrator, GM's victim compensation plan
former special master, U.S. Government's September 11th Victim Compensation Fund