The 5 Largest U.S. Product Liability Cases

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The Largest U.S. Product Liability Cases

The Largest U.S. Product Liability Cases

General Motors Co. (GM) has been making headlines again this year, but it’s the type of press that no corporation ever wants to face. In February 2014, it was discovered that several of its automobile models were manufactured with faulty ignition switches that could shut off the engine during driving, disable power steering and brakes, and prevent airbags from inflating

The faulty switches have so far, according to GM, been linked to at least 13 deaths and 31 car accidents, but there are claims that many more deaths associated with the faulty switch have, indeed, occurred. GM has since recalled over 26 million of its autos for various reasons this year. It has also set up an uncapped $400 million fund designed to compensate for deaths and injuries caused by its vehicles.

In the meantime, several lawsuits have been filed against GM, including two class action suits. The amount that plaintiffs can sue for is still in question, as many of the deaths and accidents that occurred due to the faulty switch happened while GM was going through bankruptcy. Still, one current lawsuit against the car manufacturer is seeking $10 billion in compensation for owners of GM cars and trucks, who claim their vehicles have lost resale value due to the damage to the brand.

This won’t be the first time that GM has faced product liability claims that ended up costing the company dearly. Here is a sampling of some of biggest product liability suits that U.S. corporations have faced. (For more, see: 5 of the Largest Car Recalls In History.)

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