Judge dismisses GM ignition switch lawsuit

Delaware Chancery Court dismissed a lawsuit against General Motors that alleged the board of directors did not perform its duty in preventing the mounting losses from the sale of vehicles with faulty and deadly ignition switches.

The suit, brought by shareholders, sought losses due to expenses, fines, lawsuits and damages to the company after 119 deaths and 234 injuries were associated with faulty parts and a costly recall, according to USA Today.

Delaware Chancery Court Judge Sam Glasscock found the GM board "did not consciously fail to monitor" or oversee GM operations and thus he could not find "substantial likelihood of personal liability on the part of a majority of the board."

Read more from USA Today.[[In-content Ad]]