The company's well-established financial troubles could be made worse by legal headaches that may cost the conglomerate billions of dollars, new filings show. The SEC is investigating GE's accounting tactics and its massive insurance losses. The Justice Department is probing GE's (GE) pre-crisis sale of subprime mortgage. GE has previously disclosed a Justice Department investigation into how WMC wrote, bought and sold mortgages before the financial crisis. GE estimates its current exposure to damages is about $3.7 billion, not including any Justice Department settlement.

Source: CNN February 26, 2018 19:52 UTC