Delaware judge dismisses shareholder lawsuit over GM recall

The judge's ruling on Monday said that the shareholders have not shown any proof that the company's directors acted in bad faith and dismissed the case. The shareholders alleged that the directors breached their duties by failing to oversee the operations of the company. There are three other shareholder derivative actions, one in Wayne County, Michigan and two in Federal District Court for the Eastern District of Michigan that have been put on hold pending the outcome in Delaware.

Delaware judge dismisses shareholder lawsuit over GM recall source: http://finance.yahoo.com/news/delaware-judge-dismisses-shareholder-lawsuit-020538781.html