Class Action Reports

Levi & Korsinsky Announces Fiat Chrysler Automobiles N.V. Class Action Investigation; FCAU Lawsuit

Levi & Korsinsky, LLP

February 10, 2020

Levi & Korsinsky, LLP announces that a FCAU class action lawsuit has been commenced on behalf of investors who purchased Fiat Chrysler Automobiles N.V. (FCAU) securities between February 26, 2016 and November 20, 2019. For more on the Fiat Chrysler Automobiles N.V. Class Action please contact us today.

According to the Fiat Chrysler Automobiles N.V. lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company employed a bribery scheme to obtain favorable terms in its collective bargaining agreement with United Automobile, Aerospace and Agricultural Implement Workers of America; (2) high-ranking Fiat officials were aware of and authorized the scheme; and (3) as a result, Defendants’ statements about Fiat’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

TO LEARN MORE ABOUT THE FCAU CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/fiat-chrysler-automobiles-n-v-loss-form?wire=9&prid=5348

If you suffered a loss in Fiat Chrysler Automobiles N.V. you have until January 31, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com