Defendant Name: General Motors Company

Defendant Type: Public Company
SIC Code: 3711
CUSIP: 37044210

Document Reference: comp20861

Document Details

Legal Case Name SEC v. General Motors Corporation
Document Name Complaint
Document Date 22-Jan-2009
Document Format Civil Proceeding
Case Number 09-cv-00119
Federal District Court District of Columbia, District of Columbia
Federal District Judge Paul L. Friedman
Allegation Type Issuer Reporting and Disclosure
Document Summary The Commission stated: "This case concerns reporting, books and records, and internal controls violations of federal securities laws by GM."

Related Documents:

LR-20861 22-Jan-2009 Litigation Release
SEC Charges General Motors With Disclosure and Other Violations Related to Its Pension Plans and Its Accounting for Derivatives and Other Contracts
The SEC stated that: "[It] filed settled charges against General Motors Corporation (GM) relating to its disclosures concerning two pension accounting estimates, and its projected cash contributions to its pension plans, as well as errors in its accounting for derivatives and various other transactions. According to the SEC's complaint, filed in federal court in the District of Columbia, GM violated the issuer reporting, books-and-records, and internal controls provisions of the federal securities laws."
court_doc3_09-cv-00119 27-Jan-2009 Court Docket Document
Final Judgment as to Defendant General Motors Corporation
On January 27, 2009, the Court issued a final judgment against General Motors Corporation stating: "Defendant . . . consented to the Court's jurisdiction over Defendant and the subject matter of this action; consented to entry of this Final Judgment without admitting or denying the allegations of the Complaint (except as to jurisdiction); waived findings of fact and conclusions of law; and waived any right to appeal from this Final Judgment."