{"id":380215,"date":"2020-11-12T16:06:39","date_gmt":"2020-11-12T21:06:39","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=380215"},"modified":"2020-11-12T16:06:39","modified_gmt":"2020-11-12T21:06:39","slug":"important-nov-24-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-garrett-motion-inc-gtxmq","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/important-nov-24-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-garrett-motion-inc-gtxmq\/","title":{"rendered":"IMPORTANT NOV. 24 DEADLINE Pawar Law Group Announces a Securities Class Action Lawsuit Against Garrett Motion Inc. \u2013 GTXMQ"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">NEW YORK, Nov.  12, 2020  (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Garrett Motion Inc. (OTC: GTXMQ) from October 1, 2018 through September 18, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for Garrett Motion Inc. investors under the federal securities laws.<\/p>\n<p>To join the class action, go <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2vvJaXVwi50HkQyQ2v12GNLdlwTTDyb7BKCWse5hLZg_V5AzWhokw87iITsetfKFOZxQFbztl_LXpGHgBymngltPbqfZpCzwEVO8_DmAL10yWZlyU01Lq6jeVzImnw23HaswiD9oS9QKIaPc5xu8iw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">here<\/a> or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xNVCXEZjivAX6BBw3rK_ryXlgKEIpKEgFmD1oJXmkQzvGo4GbxOEPIQADyS9kcEkVKXlk8q-DKGsLT1xOWyMIuFMJ312wYCmIcsCnmqjCOE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@pawarlawgroup.com<\/a>\u00a0for information on the class action.<\/p>\n<p>According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (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\u2019s 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\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n<p>If you wish to serve as lead plaintiff, you must move the Court no later than November 24, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n<p>No class has been certified. Until a class is certified, you are not represented by counsel unless you hire one. You may hire counsel of your choice. You may also do nothing at this time and be an absent member of the class. Your ability to share in any future recovery is not dependent upon being a lead plaintiff.<\/p>\n<p>Pawar Law Group represents investors from around the world. Attorney advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.<\/p>\n<p>Contact:\u00a0\u00a0<br \/>Vik Pawar, Esq.\u00a0\u00a0<br \/>Pawar Law Group\u00a0\u00a0<br \/>20 Vesey Street, Suite 1410\u00a0\u00a0<br \/>New York, NY 10007\u00a0\u00a0<br \/>Tel: (917) 261-2277\u00a0\u00a0<br \/>Fax: (212) 571-0938\u00a0\u00a0<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xNVCXEZjivAX6BBw3rK_ryXlgKEIpKEgFmD1oJXmkQwlRc0v1Rt1YtG5EbkSVD-pTuBu2hmbNELLmVz-S4ALOjKlodVHhIvPURCbhAtHs_c=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@pawarlawgroup.com<\/a>\u00a0\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NTMzMiMzODI1MTgyIzIwODMxNDk=\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Garrett Motion Inc. (OTC: GTXMQ) from October 1, 2018 through September 18, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for Garrett Motion Inc. investors under the federal securities laws. To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0info@pawarlawgroup.com\u00a0for information on the class action. According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) due to its agreement to indemnify and reimburse Honeywell for certain asbestos-related liability, Garrett was saddled with &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/important-nov-24-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-garrett-motion-inc-gtxmq\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IMPORTANT NOV. 24 DEADLINE Pawar Law Group Announces a Securities Class Action Lawsuit Against Garrett Motion Inc. \u2013 GTXMQ&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-380215","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IMPORTANT NOV. 24 DEADLINE Pawar Law Group Announces a Securities Class Action Lawsuit Against Garrett Motion Inc. \u2013 GTXMQ - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/important-nov-24-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-garrett-motion-inc-gtxmq\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMPORTANT NOV. 24 DEADLINE Pawar Law Group Announces a Securities Class Action Lawsuit Against Garrett Motion Inc. \u2013 GTXMQ - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Garrett Motion Inc. (OTC: GTXMQ) from October 1, 2018 through September 18, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for Garrett Motion Inc. investors under the federal securities laws. To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0info@pawarlawgroup.com\u00a0for information on the class action. According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) due to its agreement to indemnify and reimburse Honeywell for certain asbestos-related liability, Garrett was saddled with &hellip; Continue reading &quot;IMPORTANT NOV. 24 DEADLINE Pawar Law Group Announces a Securities Class Action Lawsuit Against Garrett Motion Inc. \u2013 GTXMQ&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/important-nov-24-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-garrett-motion-inc-gtxmq\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-12T21:06:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NTMzMiMzODI1MTgyIzIwODMxNDk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/important-nov-24-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-garrett-motion-inc-gtxmq\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/important-nov-24-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-garrett-motion-inc-gtxmq\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"IMPORTANT NOV. 24 DEADLINE Pawar Law Group Announces a Securities Class Action Lawsuit Against Garrett Motion Inc. \u2013 GTXMQ\",\"datePublished\":\"2020-11-12T21:06:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/important-nov-24-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-garrett-motion-inc-gtxmq\\\/\"},\"wordCount\":363,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/important-nov-24-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-garrett-motion-inc-gtxmq\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA4NTMzMiMzODI1MTgyIzIwODMxNDk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/important-nov-24-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-garrett-motion-inc-gtxmq\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/important-nov-24-deadline-pawar-law-group-announces-a-securities-class-action-lawsuit-against-garrett-motion-inc-gtxmq\\\/\",\"name\":\"IMPORTANT NOV. 24 DEADLINE Pawar Law Group Announces a Securities Class Action Lawsuit Against Garrett Motion Inc. \u2013 GTXMQ - 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