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Related: Are GE's days on the Dow numbered?
Furious shareholders: Angry shareholders have sued GE at least five times since late last year. Some of the suits name former CEO Jeff Immelt and his successor, John Flannery, alleging they "made false and misleading statements" about GE's expected financial performance.Furious shareholders:
Three of the lawsuits have been consolidated into a single action.
Immelt and Flannery were also named in a GE shareholder lawsuit filed on February 15 alleging "breaches of fiduciary duties and unjust enrichment." Among other issues, this lawsuit slams GE for allowing Immelt to be escorted around the world by a spare plane . (GE has said it stopped deploying an extra jet for Immelt in 2014.)
"The company will defend itself against these claims," a GE spokesperson told CNNMoney.
Expanded SEC probe : The Boston office of the SEC notified GE in late November of an investigation into the company's accounting, according to filings. At first, the probe focused on GE's revenue recognition practices and internal controls over long-term service agreements.Expanded SEC probe
The SEC expanded the investigation in January after the company shocked Wall Street by revealing a $6.2 billion charge on a portfolio of long-term care insurance policies. Buffett said on Monday he was "staggered" by the size of GE's insurance losses.
GE said it is cooperating with the SEC investigation by providing documents and other information.
GE also plans to restate its 2016 and 2017 results because of a change in accounting standards for how companies book gains and losses on long-term contracts.
A GE spokesperson said that the "recast" of results is "independent of the SEC review, which is in early stages."
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GE retirees want $700 million: At least four groups have sued GE since late September over the company's oversight of its 401(k) plan. GE said the lawsuits allege the company breached its fiduciary duties by using proprietary funds that underperformed the market and were expensive. The plaintiffs are seeking class action status.GE retirees want $700 million:
New Jersey saw mostly cloudy, dreary conditions Tuesday with temperatures in the low- to mid-40s.
News 12 New Jersey Meteorologist Michele Powers says that more rain is expected Wednesday with the chance of some thunderstorms.News 12 New Jersey
Tuesday’s overnight hours should see areas of fog with some light rain. Temperatures should stay in the 40s.
RELATED: Your New Jersey Weather Photos MORE: News 12 Weather CenterRELATED: Your New Jersey Weather Photos MORE: News 12 Weather Center
Wednesday’s weather is expected to be mostly cloudy with the chance of thunderstorms. High temperatures should reach the low-60s.
Thursday should see mostly sunny skies with cooler temperatures in the upper-40s.
Friday is expected to see the return of clouds and scattered rain, with high temperatures in the upper-50s.
Stay with News 12 New Jersey for the latest weather information, and download the News 12 app for on-the-go weather updates.
Authorities say two women were driving drunk when they separately caused numerous crashes involving parked vehicles.
Stella Artois is voluntarily recalling 11.2 oz. glass bottles in the U.S. and in some cases, Canada, because a packaging flaw may cause a small piece of glass to break off and possibly fall into the bottles.
A teenager sang the theme from the television show "Cops" after he was arrested following a chase through Bergen County.
Wednesday will mark 50 years since the death of civil rights activist Dr. Martin Luther King Jr.
New Jersey Transit's board has postponed a meeting where it was due to consider a controversial plan to buy a 3-acre site on Hoboken's waterfront to use as a ferry maintenance terminal.
A New Jersey utility company may be abusing its power by disconnecting or threatening to disconnect service unless customers pay large utility bills for which they are not legally responsible.
The New Jersey Devils are hoping to clinch a spot in the NHL playoffs for the first time in five seasons.
Gov. Phil Murphy says he's proposing $100 million in new spending to address the state's opioid crisis.
A woman opened fire Tuesday at YouTube headquarters, wounding three people before fatally shooting herself as terrified employees huddled inside, police and witnesses said.