GM Engine Defect Class Action Consolidated in Michigan Court
Federal court consolidates lawsuits over GM's L87 V8 engine defect involving crankshaft and connecting rod failures, prompting recall and litigation in Michigan.
Former GM Retiree Raises $1.8 Million Via Viral GoFundMe After Pension Challenges
Ed Bambas, a retired GM employee and Army veteran, received nearly $1.8 million through a viral GoFundMe campaign after facing pension and healthcare challenges post-GM bankruptcy. This case underscores issues in pension management and the role of social media in retirement funding.
Impact of GM Bankruptcy on Retiree's Pension and Insurance Raises Industry Concerns
The bankruptcy of General Motors led to significant pension and life insurance losses for retirees like Ed Bambas, highlighting risks in retirement security and insurance coverage for veterans and former employees.