Cases
General Motors Company (NYSE: GM)
Securities Class Action
Overview
Overview
- Date:
- 5/31/2017
- Company Name:
- General Motors Company
- Stock Symbol:
- GM
- Class Period:
- FROM 2/27/2012 TO 5/25/2017
- Status:
- Closed/Complete
- Court:
- U.S. District Court: Eastern New York
NEW YORK, May 31, 2017 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the Eastern District of New York on behalf of all persons or entities who acquired General Motors Company (NYSE: GM) securities between February 27, 2012 and May 25, 2017 (the “Class Period”).
The Complaint states that throughout the Class Period, GM made false and/or misleading statements and/or failed to disclose: that GM installed three distinct defeat devices in over 700,000 trucks with Duramax diesel engines from 2011 to 2016, in order to beat emissions tests in the U.S.; that these Duramax diesel trucks emit two-to-five times the legal limit of nitrogen oxide pollutants; and thus, GM’s public statements were materially false and misleading at all relevant times. Upon release of this news, GM’s stock price dropped materially, which harmed investors.
If you purchased or otherwise acquired GM securities during the Class Period and suffered a loss or continue to hold shares purchased prior to the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
The Complaint states that throughout the Class Period, GM made false and/or misleading statements and/or failed to disclose: that GM installed three distinct defeat devices in over 700,000 trucks with Duramax diesel engines from 2011 to 2016, in order to beat emissions tests in the U.S.; that these Duramax diesel trucks emit two-to-five times the legal limit of nitrogen oxide pollutants; and thus, GM’s public statements were materially false and misleading at all relevant times. Upon release of this news, GM’s stock price dropped materially, which harmed investors.
If you purchased or otherwise acquired GM securities during the Class Period and suffered a loss or continue to hold shares purchased prior to the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.