SHAREHOLDER NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit against Fiat Chrysler Automobiles N.V. & Encour...
August 08 2016 - 7:39PM
Business Wire
Goldberg Law PC (the “Firm”) announces that a class action
lawsuit has been filed against Fiat Chrysler Automobiles N.V.
(“Fiat” or the “Company”) (NYSE: FCAU). Investors who purchased or
otherwise acquired shares between October 29, 2014 and July 18,
2016 inclusive (the “Class Period”) are encouraged to contact the
Firm in advance of the September 27, 2016
lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class
Period, click here to participate. In addition, we advise
you to contact Michael Goldberg or Brian Schall, of Goldberg Law
PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at
800-977-7401, to discuss your rights without cost to you. You can
also reach us through the firm’s website at
http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
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 complaint alleges that throughout the Class Period, Fiat
made false and misleading statements and/or failed to disclose
material facts about its business and operations. Specifically, the
Company misrepresented its growth by purposefully inflating the
vehicle sales numbers of its U.S. subsidiary FCA US LLC and falsely
touting its streak of U.S. monthly vehicle sales growth (on a
year-over-year basis). On January 12, 2016, a civil lawsuit was
filed against Fiat, alleging that the Company had inflated the
number of year-over-year sales reported. Then on January 15, 2016,
the Company filed a Form 6-K acknowledging that a lawsuit had been
filed against FCA US LLC. When this information was disclosed, Fiat
shares fell in value significantly, causing investors harm.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
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: http://www.businesswire.com/news/home/20160808006342/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.comwww.Goldberglawpc.com
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