Senate Bill Would Punish Executives Who Conceal Product Dangers
Two U.S. senators on Wednesday unveiled a bill prompted by the General Motors recalls over defective ignition switches that would make it a crime for corporate officers to conceal dangers posed by their products. Democratic senators Richard Blumenthal of Connecticut and Bob Casey of Pennsylvania said their proposal calls for up to five years in prison and fines for officers who know their products could cause death or injury to consumers or workers and hide that information. Federal prosecutors are building a criminal fraud case based on whether GM made misleading statements about a flawed ignition switch in some of its vehicles, which has been linked to at least 16 deaths and 61 crashes.
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