Craig Rosenbaum | July 1, 2014 | Products Liability

General Motors has announced that it has recalled 8.4 million more vehicles worldwide due to an ignition recalled.  This announcement came just after General Motors compensation expert unveiled a plan to pay victims of accidents involving the previously 2.6 million recalled vehicles.

Under the plan, GM has promised payments for people critically injured and more that $1 million for families of people who died as a result of the defective product.  The defect has resulted in 13 deaths and many injuries.  GM has said that claims can be submitted between August 1, 2014 and December 31, 2014. Those people who participate in the General Motors recall plan and accept a settlement must waive the right to sue GM in court.

It is important to consult a lawyer to fully understand your rights before participating in this program and accepting a settlement.