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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| GE Aerospace | NYSE:GE | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -2.73 | -1.66% | 161.76 | 166.2558 | 161.58 | 163.56 | 6,723,602 | 01:00:00 |
From May 2019 to May 2024
By Michael Dabaie
General Electric Co. shares turned negative in afternoon trading, recently down 4% to $6.16 after trading higher earlier.
The company said in a Securities and Exchange Commission filing that SEC staff issued a "Wells notice" advising GE it is considering recommending to the SEC it bring a civil injunctive action against GE for possible violations of securities laws.
GE said it was informed the issues relate to the historical premium deficiency testing for GE Capital's run-off insurance operations, as well as GE's disclosures relating to such run-off insurance operations.
GE said in the filing it disagrees with the SEC staff on this recommendation and will provide a response through the Wells notice process.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
October 06, 2020 14:51 ET (18:51 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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