This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Hagens Berman Attorney Representing GM Owners Says Today’s Internal Report Is “masking The Truth”

Today Steve Berman, the Hagens Berman attorney representing owners of General Motors (NYSE: GM) vehicles in a class-action lawsuit attempting to hold GM accountable for an alleged botched recall of 2.6 million cars with defective ignition switches, called GM’s recently released report, “a cynical attempt at masking the truth.”

The internal investigation, released today, was commissioned by GM and identifies, “a pattern of incompetence and neglect,” but falls short of acknowledging the claims cited in the suit filed March 19, 2014, which accuses GM of ignoring warnings of the safety defects as early as 2001.

“Let’s not lose sight of the fact that GM commissioned and paid for the report, and its primary author is an attorney who represents GM,” said Berman. “I see this as nothing more than a cynical attempt at masking the truth, at the expense of GM owners.”

The safety defect at issue has been linked to 12 fatalities and more than 300 crashes.

Hagens Berman is actively investigating whether the recall should be expanded to cover other GM vehicles and seeks to recover statutory damages for the willful nondisclosure of critical safety information.

“GM CEO Mary Barra seems to think that a public display of investigatory self-flagellation will somehow mollify or distract the public regarding what we believe is a much more insidious reality – that GM had full knowledge of the defects much earlier, and wantonly ignored the issue,” Berman added.

Additional information about the investigation is available at Concerned consumers who have owned or leased any of the affected GM models during the affected period are encouraged to contact a Hagens Berman attorney by emailing or calling 206-623-7292.

Steve Berman is available for comment or interview. For media inquiries, please contact Mark Firmani, at

About Hagens Berman

Hagens Berman Sobol Shapiro LLP is a consumer-rights law firm with offices in nine cities. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the Hagens Berman and its successes can be found at

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,719.92 -78.57 -0.44%
S&P 500 2,080.41 -9.70 -0.46%
NASDAQ 5,108.6660 -18.8590 -0.37%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs