Zamansky LLC Investigates General Electric Company (GE) for Potential Breaches of Fiduciary Duties
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.
Zamansky LLC
Jake Zamansky, 212-742-1414
jake@zamansky.com
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