LOS ANGELES, CA / ACCESSWIRE / November 29, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fiat Chrysler Automobiles N.V. ("Fiat Chrysler" or "the Company") (NYSE:FCAU) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. General Motors Company ("GM") filed a federal racketeering lawsuit against Fiat Chrysler and its former executives on November 20, 2019, alleging that the Company bribed UAW officials to gain favorable terms in labor negotiations. GM Alleges that the Company "corrupted" negotiations and collective bargaining agreements between GM and the UAW in 2009, 2011, and 2015. GM alleges that to accomplish this goal, Fiat Chrysler paid millions in bribes authorized by the highest levels of Fiat Chrysler management. Based on this news, shares of Fiat Chrysler fell by 3.72% on the same day.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
[email protected]
SOURCE: The Schall Law Firm