GE Fair Fund to Compensate Certain Investors in General Electric Company Common Stock

RCB Fund Services

PR96579

 

WASHINGTON, June 21, 2022 /PRNewswire=KYODO JBN/ --

 

RCB Fund Services LLC, the Fund Administrator for the General Electric Company

("GE") Fair Fund (the "GE Fair Fund"), announces the opening of the claims

process for the GE Fair Fund. The GE Fair Fund was established by the United

States Securities and Exchange Commission ("SEC") to distribute $200 million in

civil money penalties paid by GE to compensate investors harmed by GE's failure

to disclose material information relating to its power and insurance

businesses. The GE Fair Fund will compensate certain investors who purchased

GE's common stock between October 16, 2015 and January 16, 2018. A copy of the

Distribution Plan (the "Plan"), which contains a description of eligibility and

all conditions concerning participation in the distribution, can be found at:

GEfairfund.com or sec.gov ( https://www.sec.gov/ ).

 

Video - https://mma.prnewswire.com/media/1842510/GE_FINAL.mp4

Logo - https://mma.prnewswire.com/media/1395768/RCBFS__Logo.jpg

 

Who is Eligible to Participate?

 

Any person or entity that purchased GE common stock on a U.S. exchange during

the period from October 16, 2015 and January 16, 2018 is eligible for

compensation from the GE Fair Fund subject to certain other eligibility

limitations described in the Plan.

 

Eligible Security

 

General Electric Common Stock – (GE) CUSIP: 369604103

 

Determination of Recovery Amount

 

The amount of compensation will be determined in accordance with the Plan and

will vary based on the dates of transactions in GE common stock, the number of

shares purchased and/or sold, and the total dollar value of eligible claims

submitted to GE Fair Fund.

 

How to Apply?

 

You must submit a completed claim form and supporting documentation on or

before the claims deadline. The easiest way to participate is to file a claim

online through the GE Fair Fund website: GEfairfund.com. If you are not able to

utilize the online filing, you may download a copy of the claim form from the

website and mail the completed claim form to the GE Fair Fund at the address

shown below. You may also request a claim form by calling us toll free at (800)

511-6120, or by sending an email request to info@GEfairfund.com.

 

Claim Filing Deadline

 

Claim forms must be postmarked no later than midnight on October 19, 2022.

 

APPLY NOW!

 

GE Fair Fund, P.O. Box 6978, Syracuse, NY 13217-6978.

Toll free number: (800) 511-6120.

 

SOURCE  RCB Fund Services

 

CONTACT: Brendan Manfreda, Richard C. Breeden & Company LLC, 240-430-2630,

bmanfreda@breedenco.com

 

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