Tags » Kenneth Feinberg

White House pushes ahead with plan to slash pensions for up to one million retirees

By Andre Damon  | WSWS | February 9, 2016

The Obama administration is pushing ahead with its plans to slash pension benefits for up to one million participants in “underfunded” multi-employer pension funds as part of its drive to make defined-benefit pensions a thing of the past for all US workers.

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Volkswagen May Buy Back, Replace Emissions-Cheating Diesels In U.S.

While owners of Volkswagen’s emission-cheating vehicles in the U.S. continue to wait for news on how the company plans to fix their cars, one lawyer working for the automaker says he’s preparing a generous compensation package for affected consumers.  295 more words

Volkswagen Hires One Fund's Kenneth Feinberg To Handle Emission-Cheating Claims

By Tom Krisher, AP Auto Writer

DETROIT (AP) — Compensation expert Kenneth Feinberg, who has worked out payments to victims of the BP Gulf oil spill, General Motors ignition switch scandal and other high-profile cases, has been hired by Volkswagen to do the same thing for car owners caught in an emissions-cheating scandal. 555 more words

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GM pays out US$594.5 million in ignition switch claims

Lawyers hired to compensate victims of General Motors’ faulty ignition switches have paid out $594.5 million to settle 399 eligible claims. The numbers were released this week in a final report from U.S. 359 more words

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GM's ignition switch death toll stands at 124

A compensation fund set up for victims of faulty ignition switches in General Motors vehicles says the switches were responsible for 124 deaths and 266 injuries. 94 more words

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Toll from faulty GM ignition switches rises to 121 deaths

The death toll from faulty ignition switches in General Motors’ small cars has risen by two to 121.

Victims’ families are being offered compensation of at least $1 million each by attorney Kenneth Feinberg, who was hired by GM last year. 91 more words

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General Motors ignition switch toll rises to 119 fatalities

The death toll from faulty ignition switches in General Motors’ small cars has risen by two to 119.

Victims’ families are being offered compensation of at least $1 million each by attorney Kenneth Feinberg, who was hired by GM last year. 81 more words

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