Lawsuits: Ignition-Related Recalls Cut GM Cars' Trade-In Value

[NewsBot]

General Motors [NYSE: GM] has been hit with two lawsuits that seek class-action status and allege that the owners of vehicles affected by GM's ignition-related recalls have lost value due to the defect and subsequent recall effort. While a smaller lawsuit could be curbed by a bankruptcy judge, as limitations apply to the types of claims that are...

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