Thieler Law Corp Announces Investigation of General Motors Company

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of General Motors Company (NYSE: GM) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of General Motors Company (NYSE: GM) concerning whether a series of statements by General Motors Company regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On December 14, 2016, Reuters published an article that the China Daily newspaper reported that a senior state planning official said that "China will soon slap a penalty on an unnamed U.S. automaker for monopolistic behavior" and that Zhang Handong, the director of the National Development and Reform Commission's price supervision bureau, said that "[i]nvestigators found the U.S. company had instructed distributors to fix prices starting in 2014." The same day, a report published by Bloomberg stated that "General Motors Co.'s joint venture in China with SAIC Motor Corp. is being investigated by the government for possible anti-trust violations, according to people familiar with the matter" and that "[s]ome dealerships in the SAIC-GM network were investigated over retail pricing practices."

Following this news, NYSE: GM dropped in value, causing investors severe harm.

Based in Detroit, Michigan, and founded in 1897 General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide.

If you purchased shares of General Motors Company (NYSE: GM) on or before December 14, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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