LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against General Motors Company (“General Motors” or the “Company”) (NYSE: GM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s shares between February 27, 2012 and May 25, 2017 inclusive (the “Class Period”), are encouraged to contact the firm before July 26, 2017, the lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class Period, click here to participate.
We also encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights free of charge. You can also reach us through the firm’s website at http://www.goldberglawpc.com/, or by email at firstname.lastname@example.org.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Complaint alleges that during the Class Period, General Motors violated federal securities laws by making materially false and misleading public statements, and/or failing to disclose material information, about its business and operations. On May 25, 2017, news reports announced that a consumer lawsuit was filed against the Company for allegedly installing defeat devices on over 700,000 Duramax diesel trucks from 2011 to 2016 in order to beat U.S. emissions tests. According to the lawsuit, these Duramax diesel trucks emit between two-to-five times the legal amount of nitrogen-oxide pollutants. Following this news, General Motors’ stock price dropped materially, which caused investors harm.
Goldberg Law PC represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation.
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