(Reuters) - The French industrial company Alstom SA (PA:ALSO) has filed a U.S. lawsuit accusing General Electric Co (N:GE) of breaching a contract related to the latter's sale of a rail signaling business last November.
In a complaint made public on Tuesday night in the U.S. District Court in Manhattan, Alstom said GE has improperly refused to submit post-closing matters that remain in dispute to Deloitte, a designated independent accounting firm.
Alstom also said GE committed a breach of contract by launching an arbitration proceeding to resolve the dispute.