This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
The truth was revealed on October 30, 2018, when GE announced that the SEC had expanded its previous investigation into its accounting practices to now include the Power Charge. GE also stated that the Department of Justice was also investigating GE. Following this news, GE stock dropped roughly 10% to close at of $10.18 per share on October 30, 2018.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
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