GM, Executives Escape Investors’ Claims Over Cruise Robotaxis

General Motors Co. and certain top executives were released from an investor suit alleging the automaker’s former subsidiary Cruise LLC misrepresented its driverless cars’ autonomy before a robotaxi dragged a pedestrian 20 feet in 2023.

The investors leading the case had sufficiently alleged there were certain misstatements about Cruise’s ability to commercialize as a fully driverless robotaxi business without more research and development. But those statements weren’t made by GM, CEO Mary T. Barra, chief financial officer Paul A. Jacobson, or retired executive Doug L. Parks, Judge Shalina D. Kumar said. Those challenged comments were made by former Cruise chief ...