General Motors Company (NYSE:GM) Investor Notice: Investigation Announced

An investigation for investors in General Motors Company (NYSE:GM) shares over potential securities laws violations by General Motors was announced and NYSE:GM stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 12/21/2016 --General Motors is under investigation concerning potential securities laws violations. The investigation was announced on behalf of investors in NYSE:GM shares in connection certain financial statements made by General Motors Company.

Investors who purchased shares of General Motors Company (NYSE:GM), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

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

On December 14, 2016,an article was published stating that according to the official China Daily newspaper, 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, stated that "[i]nvestigators found the U.S. company had instructed distributors to fix prices starting in 2014." On that same day, another article was published stating 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."

Shares of General Motors Company (NYSE:GM) closed on December 20, 2016, at $36.61 per share.

Those who purchased shares of General Motors Company have certain options and should contact the Shareholders Foundation.

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/753123