GM facing multiple probes into recent recalls

WASHINGTON, Apr 25 (Reuters) : General Motors revealed on Thursday it is the subject of five different government probes related to its massive recalls, including two previously unreported investigations by the US Securities and Exchange Commission and a state prosecutor.
GM disclosed the probes in a regulatory filing after reporting earlier in the day that first-quarter profit tumbled 88 per cent due to the recall.
The five government investigations are from the US Attorney's Office for the Southern District of New York, the SEC, the National Highway Traffic Safety Administration (NHTSA), a state attorney general, and Congress.
GM did not specify which state attorney general is involved. The company also said Thursday it is aware of 55 class action lawsuits pending in US courts, as well as five in Canada.