Chancery Court Rejects GM Ignition-Switch Derivative Suit

Chancery Court Rejects GM Ignition-Switch Derivative Suit

Gina Passarella

A group of General Motors stockholders has been denied a chance to file a derivative lawsuit over the company's ignition-switch troubles, with the Court of Chancery rejecting arguments that the board of directors was conflicted by potential personal liability for the faulty switches.

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