The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Fiat Chrysler Automobiles N.V. Investors (FCAU)
15 Januar 2020 - 12:07AM
Business Wire
The Law Offices of Frank R. Cruz announces an investigation on
behalf of Fiat Chrysler Automobiles N.V. (“Fiat” or the “Company”)
(NYSE: FCAU) investors concerning the Company and its officers’
possible violations of federal securities laws.
If you are a shareholder who suffered a loss, click here to
participate.
On November 20, 2019, General Motors Company (“GM”) filed a
federal racketeering lawsuit against Fiat and its former
executives, accusing Fiat of bribing United Auto Workers (“UAW”)
officials to receive more favorable terms in labor negotiations.
The lawsuit alleged that the scheme was authorized at the highest
levels of Fiat Chrysler, including the Company’s late Chief
Executive Officer Sergio Marchionne.
On this news, Fiat’s stock price fell $0.58 per share, or nearly
4%, to close at $15.00 per share on November 20, 2019.
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If you purchased Fiat securities, have information or would like
to learn more about these claims, or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Frank R. Cruz, of The Law Offices of Frank
R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles,
California 90067 at 310-914-5007, by email to
info@frankcruzlaw.com, or visit our website at
www.frankcruzlaw.com. If you inquire by email please include your
mailing address, telephone number, and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20200114005874/en/
The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz,
310-914-5007 fcruz@frankcruzlaw.com www.frankcruzlaw.com
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