Zamansky LLC Investigates General Electric Company (GE) for Potential Breaches of Fiduciary Duties
October 31 2018 - 10:50AM
Business Wire
Zamansky LLC announces that it is investigating General Electric
Company (NYSE: GE)(“GE”) for potential breaches of fiduciary duties
by GE’s senior officers and board of directors. If you are a
shareholder of GE who still holds your shares, please contact our
firm for information.
Recently, GE reported a write-down of $22.8 billion impairment
on it power business and has cut its dividend to a penny. In the
wake of this announcement, Forbes has reported that GE’s accounting
is under investigation by the Department of Justice and the
Securities and Exchange Commission. GE’s stock price has fallen
nearly 66% since 2016.
According to Jake Zamansky, investment fraud attorney, GE’s
officers and directors owe the Company and its shareholders
fiduciary duties. “GE’s large write-down and the reported
investigations raise potential concern for investors,” Zamansky
says. “Our law firm is investigating whether the officers and
directors have breached their duties to GE and its
shareholders.”
What General Electric Shareholders Can Do
If you are a current shareholder of GE who still holds your
stock, please contact us to review or discuss your legal rights.
You may, without obligation or cost to you, email jake@zamansky.com
or call the law firm at (212) 742-1414.
About Zamansky LLC
Zamansky LLC is a leading investment fraud law firm with
experience handling securities, hedge fund, ERISA and other
shareholder class action and derivative litigation. We are
investment fraud attorneys who represent both individual and
institutional investors. Our practice is nationally recognized for
our ability to aggressively prosecute cases and recover investment
losses.
To learn more about Zamansky LLC, please visit our website,
http://www.zamansky.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181031005545/en/
Zamansky LLCJake Zamansky, 212-742-1414jake@zamansky.com
GE Aerospace (NYSE:GE)
Historical Stock Chart
From Aug 2024 to Sep 2024
GE Aerospace (NYSE:GE)
Historical Stock Chart
From Sep 2023 to Sep 2024