GM Hires Lehman Brothers Investigator to Run Recall Probe

Mar 10, 2014 03:12 PM EDT | Matt Mercuro

General Motors announced this week that a team conducting a probe of the company's ignition-switch recall that's been linked to 13 deaths is being led by the same lawyer who investigated Lehman Brothers in 2008, according to Reuters.

Anton "Tony" Valukas is the chairman of the firm Jenner & Block, whose attorneys are apparently helping with investigation of February's recall of over 1.6 million vehicles.

Valukas has not commented publically regarding the news yet.

Michael Millikin is co-leading the investigation with Valukas, according to Reuters.

GM Chief Executive Mary Barra said in a letter to employees last week that GM will take an "unvarnished" look at the

The recall supposedly came approximately 10 years after issue first came to light.

The National Highway Traffic Safety Administration sent the automaker a list of 107 questions about the recall. GM has until April 3 to answer each question.

The recall was issued to correct a condition that could allow the engine and other components to turn off unintentionally. Most of the vehicles affected by the recall are in North America.

Valukas was the court-appointed examiner in the Lehman Brothers bankruptcy. His probe eventually resulted a 2,200-page document released back in 2010 that is now known as the "Valukas report."

The report detailed the causes of the financial services firm's collapse, and showed how Lehman used accounting gimmicks to boost its balance sheet.

Additionally, lawyers from the firm King & Spalding are also part of the team looking into the recall, according to Reuters.

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