Robbins LLP is Investigating the Officers and Directors of General Motors Company (GM) on Behalf of Shareholders
Robbins LLP is investigating allegations that certain officers and directors of General Motors Company (NYSE: GM) misled investors regarding the autonomous capabilities of its self-driving car unit Cruise LLC between February 2, 2022 and October 26, 2023.
According to a class action complaint filed in December 2023 against General Motors Company, after a series of disclosures, including the National Highway Traffic Safety Administration's recommendation to recall more than 50 million airbag inflators that have been linked to potentially deadly explosions; the California DMV's suspension of Cruise's deployment and driverless testing permits due to misrepresentations "related to [the] safety of the autonomous technology of its vehicles"; and GM's pause of all its AV operations across the country, GM's stock fell, harming investors.
On March 28, 2025, United States District Judge Shalina D. Kumar denied in part General Motor's motion to dismiss, keeping alive claims that Cruise and its former top executives misrepresented the level of autonomy that Cruise AVs actually had. If the class action settles, the settlement could deplete Company assets, harming the Company and its investors.
What Now: For more information about our investigation and your shareholder rights, submit a form, email Aaron Dumas, Jr., or give us a call at (800) 350-6003.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.