ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

GM General Motors Company

44.86
0.19 (0.43%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
General Motors Company NYSE:GM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.19 0.43% 44.86 45.545 44.505 45.03 10,046,012 01:00:00

Hagens Berman: GM Judge Denies Order to Remove Court-Appointed Lead Counsel

10/02/2016 6:12pm

Business Wire


General Motors (NYSE:GM)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more General Motors Charts.

In an order issued today, Judge Jesse M. Furman, overseeing the General Motors (NYSE:GM) ignition switch multi-district litigation (MDL), denied a motion to remove court-appointed lead counsel, including Hagens Berman’s Steve Berman.

“The court’s opinion and the needs of our clients take precedence over unwarranted, time-wasting motions, and we will continue to focus on tenaciously leading this litigation,” said Steve Berman, managing partner of Hagens Berman and co-lead counsel representing GM vehicle owners in the suit. “We look forward to continuing to best represent the plaintiffs in this case against GM who have been victim to its egregious actions – they are what matter most.”

In his order issued Feb. 10, 2016, Judge Furman characterized the motions, filed by a single lawyer who was not supported by any other attorneys, as “patently untimely” and providing “little or no evidence to support their (sometimes wild) accusations of impropriety and underhandedness on the part of Lead Counsel.” Indeed, the court added that the motions did “not even come close to providing a legal basis for the drastic step of removing lead counsel in the middle of MDL proceedings that, “all things considered, have proceeded remarkably smoothly and swiftly to date” in this complex and multi-faceted litigation.

Steve Berman was appointed co-lead counsel representing owners of GM vehicles in the MDL. The MDL arises from GM’s announcement that over 20 million GM vehicles were plagued by a barrage of safety defects and bungled recalls from GM that irrevocably damaged GM’s brand, according to the firm.

Among the safety defects at issue is a defect that involves the car’s ignition, which according to consumers, can switch off while in operation, disabling airbags and other electrical and safety features such as power steering and power brakes. According to published reports, government documents, and GM’s own internal documents, GM had knowledge of the ignition switch defect as early as 2001, but the lawsuit charges that the company ignored warnings of the defect’s severity and did not warn consumers.

About Hagens Berman

Hagens Berman Sobol Shapiro LLP is a consumer-rights class-action law firm with offices in 10 cities. The firm has been named to the National Law Journal’s Plaintiffs’ Hot List eight times. More about the law firm and its successes can be found at www.hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

Hagens Berman Sobol Shapiro LLPAshley Klann, 206-268-9363ashleyk@hbsslaw.com

1 Year General Motors Chart

1 Year General Motors Chart

1 Month General Motors Chart

1 Month General Motors Chart

Your Recent History

Delayed Upgrade Clock