INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates General Motors Company’s Directors and Officers for Breach of Fiduciary Duties – GM

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating certain directors and officers of General Motors Company (“General Motors”) (NYSE: GM) for breaching their fiduciary duties to General Motors and its shareholders. If you are a General Motors shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or [e-mail].

Scott+Scott is investigating whether members of General Motors’s board of directors or senior management failed to manage General Motors in an acceptable manner, in breach of their fiduciary duties, and whether General Motors and its shareholders have suffered damages as a result.

On October 5, 2023, the National Highway Traffic Safety Administration held a public meeting on its determination that 52 million airbag inflators designed by ARC Automotive (“ARC”) should be recalled, due to a potentially fatal defect resulting from excess force during airbag deployment. General Motors is among the most exposed to this potential recall, with at least 20 million vehicles built with the ARC airbag inflator in question. At least one airbag explosion in a General Motors vehicle has resulted in death, with others in injuries.

What You Can Do

If you are a General Motors shareholder, you may have legal claims against General Motors’s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982, or [e-mail].

About Scott+Scott

Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.

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