A court has 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 shareholder suit sought to recover losses due to expenses, fines, lawsuits and damages to the company as a result of the 119 deaths and 234 injuries associated with faulty parts and a huge and costly recall.
GM had filed a motion to dismiss the action and the Delaware Chancery Court made its decision Friday to do so. The decision was not made public until late Monday night
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