GE insurance News

General Electric said on Tuesday it has received a notice from U.S. Securities and Exchange Commission staff, warning that the company could face a civil action for possible violations of securities laws related to accounting practices for some of its …

A federal judge in Manhattan on Thursday partially dismissed a lawsuit by investors in General Electric Co. that accused the company of concealing $24 billion in insurance liabilities and using fraudulent accounting to prop up its power business. Judge Jesse …