GM to pay $277 million to settle shareholder lawsuits
Automaker expects insurance to pick up $200 million
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Andrew Grossman
Automotive News | August 8, 2008 - 9:18 am EST

 
General Motors plans to pay $277 million to settle a shareholder lawsuit alleging that the automaker misled investors in its reporting of financial information, artificially inflating its stock price.
The [...]