Texas judge OKs GM settlementA state district judge has...

BUSINESS DIGEST

November 04, 1993

Texas judge OKs GM settlement

A state district judge has approved the settlement of a class-action lawsuit over General Motors Corp.'s controversial older-model pickup trucks brought by Texas owners of the vehicles.

Judge Bonnie Leggat, in a statement issued this week, called the terms of the settlement "fair and reasonable."

Under the settlement, Texas owners of 645,000 1973-1987 model GM pickup trucks with side-mounted fuel tanks will each receive a voucher worth $1,000 toward the purchase of a new GM pickup.

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