September 04, 2014
General Motors Co. won the dismissal of a class action alleging the automaker misled investors about its sales and inventory, with a New York federal judge ruling Thursday that by looking at public disclosures, the shareholders could have determined GM had been making more cars than it was selling.
April 03, 2013
General Motors Co. asked a New York federal judge on Tuesday to dismiss a proposed securities class action accusing the car manufacturer of concealing key details about its inventory management prior to its post-bankruptcy initial public offering, arguing that the market was actually "awash" in data about its vehicle production levels.