Judge Dismisses GM's Racketeering Lawsuit Against Fiat Chrysler
July 08 2020 - 3:21PM
Dow Jones News
By Mike Colias
A federal judge dismissed a General Motors Co. lawsuit accusing
Fiat Chrysler Automobiles NV of bribing union officials to gain an
advantage on its labor costs, dealing a blow to GM in an unusual
legal standoff between rival automotive giants.
GM in November filed a civil racketeering lawsuit against Fiat
Chrysler, claiming the Italian-American auto maker intentionally
hurt GM by paying off United Auto Workers leaders to win
more-favorable contract terms for union-represented factory
workers.
On Wednesday, U.S. District Judge Paul Borman said GM failed to
show it was the primary victim of any alleged racketeering activity
that Fiat Chrysler officials may have engaged in.
A GM spokesman didn't immediately reply to a request for
comment.
Write to Mike Colias at Mike.Colias@wsj.com
(END) Dow Jones Newswires
July 08, 2020 15:06 ET (19:06 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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