GM SUED FOR MAIL AND WIRE FRAUD, $10 BILLION AT STAKE

— General Motors has been hit with an expanded class-action lawsuit that accuses the automaker of mail and wire fraud over its handling of deadly ignition switch defects.

The lawsuit makes claims against the “New GM” (after it exited bankruptcy in 2009) of violations of the Racketeer Influenced and Corrupt Organizations Act, or RICO.

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