Company Website:
http://www.zlk.com
NEW YORK -- (Business Wire)
The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired
securities of Fiat Chrysler Automobiles N.V. (NYSE:FCAU) between
October 29, 2014 and July 18, 2016. You are hereby notified
that a securities class action lawsuit has been commenced in the USDC
for the Eastern District of Michigan. To get more information go to:
http://www.zlk.com/pslra/chrysler-automobiles-n-v
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There
is no cost or obligation to you.
The complaint alleges that throughout the Class Period, Defendants made
false and misleading statements and failed to disclose material adverse
facts about the Company’s business and operations. Specifically,
Defendants misrepresented the Company’s growth by purposefully inflating
FCA’s vehicle sales numbers 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 the Company,
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. As a
result of these disclosures, Fiat Chrysler stock fell more than 15%
between January 12, 2016 and January 20, 2016, representing an
approximate $1.67 billion loss to the stock’s market capitalization.
If you suffered a loss in Fiat Chrysler Automobiles N.V. you have
until September 27, 2016to request
that the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, California, Connecticut, and Washington D.C. The firm’s
attorneys have extensive expertise and experience representing investors
in securities litigation, and have recovered hundreds of millions of
dollars for aggrieved shareholders. Attorney advertising. Prior results
do not guarantee similar outcomes.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160831005934/en/
Contacts:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq., 212-363-7500
Toll
Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com
Source: Levi & Korsinsky, LLP
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