Skip to Content

General Motors Company

Company NameGeneral Motors Company
Stock SymbolGM

On August 4, 2021, GM announced that its second quarter 2021 financial results were negatively impacted by “warranty recall costs” of $1.3 billion, including approximately $800 million related to the Chevrolet Bolt EV.

On this news, GM’s share price fell $5.16, or 8.9%, to close at $52.72 per share on August 4, 2021, thereby injuring investors.

Then, on Friday, August 20, 2021, GM announced that it was “voluntarily expanding the current Chevrolet Bolt EV recall to cover the remaining 2019 and all 2020-2022 model year vehicles, including the Bolt EUV” because the batteries may have two manufacturing defects that “increase[] the risk of fire.”

On this news, GM’s share price fell during intraday trading on Monday, August 23, 2021, thereby further injuring investors.

 

Submit Your Information

If you suffered a loss on your General Motors Company investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below.

An attorney will contact you at no cost to provide you information about joining the action and answer your questions. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

Shares Purchased

Number of SharesBuy DatePrice Per ShareAdd

Shares Sold

Number of SharesSell DatePrice Per ShareAdd