Investors Can Still File Late Claims in General Electric Settlement — Here’s How to Get Your Share

Court: S.D. New York

Case: 1:17-cv-08457

Investors can still file a late claim to receive payment from the $362.5M General Electric settlement.

What is this settlement?

In late 2017, General Electric faced scrutiny over financial mismanagement tied to its Power segment’s poor performance and long-term care (LTC) insurance reserves. A series of damaging disclosures, including a $6.2 billion charge for insurance reserves in January 2018, led to significant stock price drops and investor losses.

Following this, General Electric GE has agreed to settle by paying $362.5M to investors.

What can you do to recover your losses now?

You can submit your claim and be notified of any further updates.

More than 100 companies are currently paying out settlements. Connect your brokerage account to automatically check which ones you may have missed.