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Sjunde Ap-Fonden and The Cleveland Bakers and Teamsters Pension Fund, individually and on behalf of all others similarly situated, v. General Electric Company, et al.

  1. April 24, 2025

    GE Investors' $362.5M Deal Gets Final OK, Attys Get $70M

    A New York federal judge on Thursday gave final approval to a $362.5 million deal and awarded attorneys from Kessler Topaz Meltzer & Check LLP and Grant & Eisenhofer PA nearly $70 million in attorney fees for their work in a class action that accused General Electric Co. of fraudulently concealing cash flow problems.

  2. January 15, 2025

    GE Investors' $362.5M Settlement Gets Initial Greenlight

    Investors in manufacturing giant General Electric Co. have gotten an initial nod for their proposed $362.5 million eve-of-trial deal to end long-running claims that the company fraudulently concealed cash flow problems, allegedly resulting in plummeting shares after its fiscal woes were disclosed.

  3. November 26, 2024

    GE Inks $362.5M Settlement In Investors' Stock Fraud Suit

    General Electric Co. shareholders asked a Manhattan federal judge to greenlight a $362.5 million settlement resolving long-running litigation on the cusp of trial that alleged the industrial giant's stock price plummeted after it was revealed the company fraudulently concealed cash flow problems.

  4. April 12, 2022

    GE Shareholders Win Class Cert. In Stock Fraud Suit

    A New York federal judge has granted class certification to a group of General Electric stockholders who allege the industrial giant's stock price plummeted after it was revealed that the company fraudulently concealed cash flow problems.

  5. May 24, 2021

    Investors Want Class Cert. In GE Stock Fraud Suit

    Investors alleging General Electric's stock price plummeted after shareholders realized the company fraudulently concealed cash flow problems urged a New York federal court to certify a class of thousands of stockholders that bought in when the share price was supposedly artificially inflated.

  6. February 01, 2021

    GE Investors Can't Revive Trimmed Claims After 6th Attempt

    A New York federal judge dismissed much of the sixth iteration of a proposed shareholder class action against General Electric once and for all, finding that the investors' additions in their newest amended complaint do nothing to overcome previous versions of their arguments.

  7. December 19, 2019

    GE Wants Remaining Claims Over Performance Issues Axed

    General Electric on Wednesday urged a New York federal judge to dismiss the sixth iteration of a proposed class action once and for all, arguing that its shareholders haven't proved the industrial giant concealed performance problems.

  8. August 30, 2019

    GE Shareholders See Performance Cover-Up Claims Trimmed

    General Electric and several of its executives escaped most of the securities fraud claims in a proposed shareholder class action accusing the industrial giant of covering up performance problems, after a New York federal judge trimmed the suit Thursday.

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