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GM Pays $1M Fine Over Ignition Switch Accounting

By Carmen Germaine ( January 18, 2017, 5:24 PM EST) -- General Motors agreed to pay a $1 million fine to the U.S. Securities and Exchange Commission to settle charges its accountants weren't promptly informed of the defective ignition switches and, therefore, failed to properly assess the defect would lead to a recall, the agency announced Wednesday....

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