NEW YORK, Oct. 24, 2008 (GLOBE NEWSWIRE) -- The Rosen Law Firm reminders investors of the December 2, 2008 lead plaintiff deadline in the class action lawsuit on behalf of all purchasers of General Electric Company (``GE'' or the ``Company'') (NYSE:GE - News) common stock and call options during the period beginning September 25, 2008 through and including October 1, 2008 (the ``Class Period''). The Rosen Law Firm initiated the first securities class action lawsuit on behalf of this class of GE shareholders.

To join the GE class action, go to the website at http://rosenlegal.com or call Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com or pkim@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER.

The complaint charges GE and certain of its officers with violations of Section 10(b) and Section 20(a) of the Securities Exchange Act of 1934. The complaint asserts that during an investor conference call on September 25, 2008, defendants falsely stated that GE would not require any additional fund raising through debt, equity, or otherwise during fourth quarter-ended December 31, 2008.

On October 1, 2008 GE announced that it planned to offer at least $12 billion of common stock in a public offering. On October 2, 2008, before market open, GE announced the offering was to be priced at $22.25 per share, well-below the stock's prior day closing price of $24.50 per share and below its 52 week low. News that the stock offering was priced at less than the current market price caused GE's stock price to fall over 9% on October 2, 2008, damaging shareholders.

A class action lawsuit has already been filed on behalf of GE shareholders. If you wish to serve as lead plaintiff, you must move the Court no later than December 2, 2008. If you wish to join the litigation or to discuss your rights or interests regarding this class action, please contact plaintiff's counsel, Laurence Rosen, Esq. or Phillip Kim, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at lrosen@rosenlegal.com or pkim@rosenlegal.com.

The Rosen Law Firm represents investors throughout the world, concentrating its practice in securities class actions and shareholder derivative litigation.

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          The Rosen Law Firm P.A.
          Laurence Rosen, Esq.
            lrosen@rosenlegal.com
          Phillip Kim, Esq. 
            pkim@rosenlegal.com
          (212) 686-1060
          Weekends Tel: (917) 797-4425
          Toll Free: 1-866-767-3653
          Fax: (212) 202-3827
          350 5th Avenue, Suite 5508
          New York, New York 10118
          www.rosenlegal.com