Garrett Motion Inc. Class Action Lawsuit - GTX

Company
Garrett Motion Inc. (NYSE: GTX)
Lead Plaintiff Deadline
November 24, 2020 (Expired)
Class Period
October 1, 2018 - September 18, 2020

Expired

Lead Plaintiff Deadline

Nov 24, 2020

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Allegations

(1) due to its agreement to indemnify and reimburse Honeywell for certain asbestos-related liability, Garrett was saddled with an unsustainable level of debt; (2) as a result, Garrett had a highly leveraged capital structure that posed significant challenges to its overall strategic and financial flexibility; (3) as a result of the foregoing, Garrett’s ability to gain or hold market share was impaired; (4) as a result of the foregoing, the Company was reasonably likely to seek bankruptcy protection; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Eligibility

In order to be eligible to join the GTX class action lawsuit, you must have incurred a loss on shares of Garrett Motion purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Garrett Motion during the relevant time frame or pursuant to the relevant offering(s), you have until November 24, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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