Plaintiffs Firms Score $303 Million Class Action Settlement from GM, Deloitte
The American Lawyer
August 11, 2008
Eric J. Belfi was quoted regarding the $303 million settlement in the General Motors Corp. Securities Litigation
"This case has broader international implications and confirms the importance of allowing international investors access to U.S. courts when they've been harmed by securities fraud," said Labaton Sucharow partner Eric Belfi. "While there were other [U.S.] plaintiffs involved, German and Luxembourg institutions have been running the case."