GM - General Motors Company Shareholders Still Have Time to Participate in the GM Class Action; Contact Robbins LLP Today | Benzinga
SAN DIEGO, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired General Motors Company (NYSE:GM) securities between February 2, 2022 and October 26, 2023. GM is an automotive manufacturing company that designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide. Cruise LLC ("Cruise") is GM's majority-owned global segment responsible for the development and commercialization of autonomous vehicle ("AV")—i.e., driverless—technology.
For more information, submit a form, email Aaron Dumas, Jr., or give us a call at (800) 350-6003.
What is this Case About: General Motors Company (GM) Failed to Disclose Problems with its Airbags
According to the complaint, during the class period, defendants failed to disclose that: (i) GM downplayed concerns with its vehicles' airbags and the need to record additional warranty accruals for related product recalls; (ii) GM overstated the extent and efficacy of its efforts to analyze defects in its vehicles' airbag inflators; ...