Investor sues General Motors over recall - 21 News Now, More Local News for Youngstown, Ohio -

Investor sues General Motors over recall

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DETROIT, Mich. - One of the latest lawsuits following in the wake of the General Motors recall of 1.6-million cars has been filed by an investor.

A civil lawsuit filed by George Pio in U.S. District Court in Detroit claims that General Motor's stock value has fallen since it was revealed that the Justice Department would be investigating GM's actions leading up to the recall of seven models, including the Lordstown made Chevy Cobalt.

The National Highway Traffic Safety Administration and congress is investigating GM's handling of the problem, which has been linked to 13 traffic deaths.

GM has acknowledged it was aware of the problem a decade ago but didn't recall the cars until last month.

Pio's suit, which calls GM's actions illegal and immoral, seeks damages and wants the suit to be declared a class action so other investors can join.

Several civil law suits have been filed against GM in federal courts in five states and in a Canadian court as well.

Many of the suits focus on people who feel that their recalled car has lost value, or that they are afraid to drive the car.

A lawsuit has also been filed on behalf of the estates of two Wisconsin teenage girls who died, and one who was injured when their Chevy Cobalt crashed in 2006.

The lawsuit claims that their car was one of the recalled cars, and that the airbags failed to activate and the ignition switch was in the accessory position, indicating power steering, power brakes and air bags could not have functioned properly.

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