GE settles crisis-era shareholder lawsuit for $40 million

... of hiding billions of dollars of troubled subprime and other loans at its GE Capital unit. They also said the Fairfield, Connecticut-based company misled them about its ability to generate earnings and pay its dividend, and failed to make necessary ...



via Fairfield Newswire http://www.reuters.com/article/2013/04/30/us-generalelectric-settlement-idUSBRE93T0P820130430?feedType=RSS&feedName=businessNews