NEW YORK, May 12, 2014 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the USDC for the Eastern District of Michigan on behalf of investors who purchased General Motors Company ("GM" or the "Company") (NYSE:GM) securities from November 17, 2010 and March 21, 2014 (the "Class Period").
For more information, click here: http://zlk.9nl.com/general-motors-gm.
The complaint alleges that GM failed to disclose the following adverse facts during the Class Period: (a) that GM was in breach of applicable industry and government regulations and policies regarding passenger and automotive safety; (b) that GM was subject to criminal and civil litigation and potential harm to its reputation and future revenues; (c) that over three million GM cars contained defects subjecting drivers, passengers, and others to devastating and potentially fatal injuries; and that (d) despite GM's knowledge of such potential harm to drivers and passengers, as early as 2001, the Company refused to recall vehicles featuring the alleged defects.
If you suffered a loss in GM you have until May 20, 2014 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/general-motors-gm.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.comSource:Levi & Korsinsky, LLP