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Scott et al v. Whitacre et al
Case Number:
1:12-cv-05124
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
- Banco Bradesco SA
- Barclays PLC
- Cabrera Capital Markets LLC
- Citigroup Inc.
- Credit Suisse Group AG
- Deutsche Bank AG
- FBR Capital Markets Corporation
- General Motors Co.
- International Brotherhood of Teamsters
- JPMorgan Chase & Co.
- Lloyds Bank PLC
- Loop Capital Markets LLC
- Morgan Stanley
- RBC Capital Markets
- Scotiabank Global Banking and Markets
- Sumitomo Mitsui Financial Group Inc.
- The Bank of New York Mellon Corp.
Sectors & Industries:
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September 04, 2014
GM Ducks Investor Suit Over Puffed-Up Sales Numbers
General Motors Co. won the dismissal of a class action alleging the automaker misled investors about its sales and inventory, with a New York federal judge ruling Thursday that by looking at public disclosures, the shareholders could have determined GM had been making more cars than it was selling.
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April 03, 2013
GM Looks To Ax Suit Alleging It Hid Data Ahead Of IPO
General Motors Co. asked a New York federal judge on Tuesday to dismiss a proposed securities class action accusing the car manufacturer of concealing key details about its inventory management prior to its post-bankruptcy initial public offering, arguing that the market was actually "awash" in data about its vehicle production levels.