(GM) Long-Term Investor Alert: Contact Johnson Fistel Regarding Investigation of General Motors

·1-min read

SAN DIEGO, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating potential claims on behalf of General Motors Company (NYSE: GM) against certain of its officers and directors.

On August 4, 2021, General Motors announced its second quarter 2021 financial results. General Motors reported that the quarterly results were negatively impacted by “warranty recall costs” of $1.3 billion, which included approximately $800 million related to the Chevrolet Bolt EV.

Following this news, General Motors share price closed down 8.9% on August 4, 2021.

Then, on August 20, 2021, General Motors announced that it was “voluntarily expanding the current Chevrolet Bolt EV recall to cover the remaining 2019 and all 2020-2022 model year vehicles, including the Bolt EUV” because the batteries may have two manufacturing defects that “increase the risk of fire.”

If you are a current, long-term shareholder of General Motors, and are interested in learning more about the investigation, please contact Jim Baker (jimb@johnsonfistel.com) by email or phone 619-814-4471. If emailing, please include a phone number.

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About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Johnson Fistel, LLP
Jim Baker, 619-814-4471

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