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The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Fiat Chrysler Automobiles N.V. Investors (FCAU)

January 14, 2020 GMT

LOS ANGELES--(BUSINESS WIRE)--Jan 14, 2020--

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.

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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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200114005874/en/

CONTACT: The Law Offices of Frank R. Cruz, Los Angeles

Frank R. Cruz, 310-914-5007

fcruz@frankcruzlaw.com

www.frankcruzlaw.com

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: The Law Offices of Frank R. Cruz

Copyright Business Wire 2020.

PUB: 01/14/2020 06:07 PM/DISC: 01/14/2020 06:07 PM

http://www.businesswire.com/news/home/20200114005874/en