GM, Deloitte & Touche Settle Shareholder Class Action

This is a settlement for the General Motors lawsuit.

- by

Plaintiffs in a class-action suit against GM and its outside auditor Deloitte & Touche have reached a settlement of $303 million. Of that GM wil pay $277 million and Deloitte & Touche $26 million.

The lawsuit was brought by GM shareholders who alleged that GM had issued a series of false and misleading statements to investors regarding its financial status, as far back as 2000.

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please fill in our form on the right.

Add Your Comment on This Issue

Fields marked * are mandatory. Please read our comment guidelines before posting.


Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.

*Your Comment:
Request Legal Help