Investor Hits GE With Securities Class Action Over Stock Drop

(February 12, 2019, 1:32 PM EST) -- NEW YORK — General Electric Co. (GE) and certain of its current and former executive officers issued material misrepresentations regarding development issues within the company’s power segment in violation of federal securities laws, a union trust fund argues in a Feb. 7 complaint filed in New York federal court (Sheet Metal Workers Local 17 Trust Funds v. General Electric Co., et al., No. 19-1244, S.D. N.Y.)....

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