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General Electric Company (NYSE: GE) Investor Securities Class Action Lawsuit 07/30/2008

  • If you purchased shares of General Electric Company (NYSE: GE), you might have certain options and should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

Case Dismissed
Company
General Electric Company
Security
NYSE: GE

Case Name
General Electric Company Shareholder Class Action Lawsuit 07/30/2008
Type of Lawsuit
Shareholder Class Action
Class Period Begin
Class Period End
Deadline To File for Lead
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Summary

August 27, 2010 - The lead plaintiffs filed an appeal.
July 28, 2010 - The court closed the case.

July 15, 2010 - The court granted defendants' motion to dismiss.

March 13, 2009 - Defendants filed a motion to dismiss.

January 16, 2009 - The lead plaintiffs filed an amended consolidated complaint.

October 29, 2008 - Lead plaintiffs and lead counsel were appointed.

October 7, 2008 - All cases were consolidated.

September 29, 2008 - Lead plaintiff motions were filed.

July 30, 2008 - Two investors in shares of General Electric Company (NYSE: GE) filed a lawsuit in the U.S. District Court for the District of Connecticut on behalf of all common stock purchasers from March 12th, 2008 through April 10th, 2008 against General Electric Company, its CEO Jeff R. Immelt and CFO Keith S. Sherin over alleged security fraud by General Electric Company for failing to disclose deteriorating business conditions during the first quarter, that ended with an unexpected drop in profitability, bringing the sharpest drop in General Electric Company shares seen in two decades.