Energy News / Shareholders Foundation, Inc.

NYSE:GE Shareholder Notice: Lawsuit Alleges Misleading Statements by General Electric Company

Via: ReleaseWire

Updated 11:15 AM CST, Wed, November 29,2017

A lawsuit was filed on behalf of investors in General Electric Company (NYSE:GE) shares over alleged securities laws violations. Deadline: January 2, 2018. NYSE:GE investors should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 11/29/2017 -- The Shareholders Foundation announces that an investor, who purchased NYSE:GE filed a lawsuit against General Electric Company over alleged violations of Federal Securities.

Investors who purchased shares of General Electric Company (NYSE:GE) should contact the Shareholders Foundation at or call 858-779-1554.

The plaintiff claims that between July 21, 2017, and October 20, 2017, the Defendants failed to disclose that the Company's various operating segments, including its Power segment, were underperforming Company projections, with order drops, excess inventories and increased costs, that as a result the Company overstated GE's full year 2017 guidance, and that, as a result of the foregoing, Defendants' statements about General Electric's business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

Those who purchased shares of General Electric Company (NYSE:GE) have certain options and should contact the Shareholders Foundation.

Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739

For more information on this press release visit:

Media Relations Contact
Michael Daniels
Email: Click to Email Michael Daniels