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LOS ANGELES–(BUSINESS WIRE)–$GTX #GTXThe Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Garrett Motion Inc. (“Garrett” or “the Company”) (NYSE: GTX) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Garrett disclosed on August 26, 2020, that its “leveraged capital structure poses significant challenges to its overall strategic and financial flexibility and may impair its ability to gain or hold market share in the highly competitive automotive supply market, thereby putting Garrett at a meaningful disadvantage relative to its peers.” The Company added that its “high leverage is exacerbated by significant claims asserted by Honeywell against certain Garrett subsidiaries under the disputed subordinated asbestos indemnity and the tax matters agreement.” Based on this news, shares of Garrett fell by 44% on the same day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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Contacts

The Schall Law Firm

Brian Schall, Esq.

310-301-3335

[email protected]
www.schallfirm.com

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