August 05, 2024
General Motors has asked a Michigan federal court to dismiss a proposed securities fraud class action alleging it downplayed safety concerns about its autonomous vehicle technology, arguing the investors have contorted definitions of safety terms to bolster the suit.
December 11, 2023
General Motors has been hit with a proposed class action alleging that the carmaker downplayed safety concerns about its autonomous vehicle technology, saying its stock price dropped as regulatory authorities ordered recalls and suspended GM's driverless testing permits.