General Electric Securities Litigation Settlement
This settlement is closed to new claims — the deadline was June 20, 2025. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
General Electric and executive Jeffrey S. Bornstein allegedly made materially false or misleading statements and omissions between February 29, 2016 and January 23, 2018 about GE's reliance on intercompany factoring transactions to offset weaknesses in GE Power's cash flows. Defendants deny all allegations and liability.
Do you qualify?
All persons and entities that purchased or acquired GE common stock between February 29, 2016 and January 23, 2018 (inclusive) and were damaged thereby. Excluded are Defendants, GE subsidiaries, officers, directors, controlling persons of GE, and their immediate families.
How to file
Submit a Claim Form online or by mail postmarked no later than June 20, 2025. File through the "File A Claim" tab on the website or download a Claim Form. You can contact JND Legal Administration at 1-844-202-9485, email info@GeneralElectricSecuritiesLitigation.com, or mail to the address on the website.
Common questions
- How much does the General Electric Securities Litigation Settlement pay?
- The total settlement fund is $362.5M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
- What is the claim deadline for the General Electric Securities Litigation Settlement?
- This settlement is closed to new claims — the deadline was June 20, 2025. Once a claim deadline passes you generally forfeit your share, even if you qualified.
- Is the General Electric Securities Litigation Settlement notice real, or a scam?
- JND Legal Administration is the settlement administrator for this case. Claims are filed at generalelectricsecuritieslitigation.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
- When will payments from the General Electric Securities Litigation Settlement be sent?
- Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for April 24, 2025; no payments can be issued before a settlement receives final approval.
New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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