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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 31, 2020 to file lead plaintiff applications in a securities class action lawsuit against Fiat Chrysler Automobiles N.V. (NYSE: FCAU).
Fiat Chrysler and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On November 20, 2019, General Motors (“GM”) filed a racketeering lawsuit against the Company in federal court alleging that high-level officers of the Company had authorized a bribery scheme with labor union representatives in order to win acceptance of cost concessions in 2011 and 2015 as well as pressure GM into a merger with the Company.
On this news, the price of Fiat Chrysler’s shares plummeted.
If you purchased securities of Fiat Chrysler and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (email@example.com), or fill out the form on this page.
The case is Kong v. Fiat Chrysler Automobiles N.V. et al., 1:19-cv-6770. Click here to read the case complaint.