LOS ANGELES–To participate in this class action lawsuit, clickhere. You can also call Brian Lundin, Esquire, of Lundin Law PC,at 888-713-1033, or e-mail him at [email protected].
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You mayalso choose to do nothing and be an absent class member.
The complaint alleges that throughout the Class Period, Fiat made falseand misleading statements and/or failed to disclose material facts aboutits business and operations. Specifically, the Company misrepresentedits growth by purposefully inflating the vehicle sales numbers of itsU.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 Companyhad inflated the number of year-over-year sales reported. Then onJanuary 15, 2016, the Company filed a Form 6-K acknowledging that alawsuit had been filed against FCA US LLC. When this information wasdisclosed, Fiat shares fell in value significantly, causing investorsharm.
Lundin Law PC was founded by Brian Lundin, a securities litigator basedin Los Angeles dedicated to upholding shareholders’ rights.
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