GM General Counsel grilled at the Senate

|By:, SA News Editor

GM (NYSE:GM) General Counsel Mike Millikin testified at the Senate yesterday stating he did receive the four warnings from lawyers regarding the crashes involving stalled vehicles between October 2010 and April 2013 but did not alert GM’s board or securities regulators to the potential liabilities.

“I think the failure of this legal department is stunning,” Senator Claire McCaskill replied. “I don’t get how you and Lucy Clark Dougherty still have your jobs.”

CEO Mary Barra defended Millikin stating lower-down members of his department had failed to inform him to the scale of the problems and to the warnings the company had received from external lawyers.