Fiat Chrysler Automobiles N.V. (NYSE: FCAU)
According to the Complaint, Fiat Chrysler Automobiles N.V., with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems.
The Complaint alleges that Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Fiat employed a bribery scheme to obtain favorable terms in its collective bargaining agreement with International Union, United Automobile, Aerospace and Agricultural Implement Workers of America; (2) high-ranking Fiat officials were aware of and authorized the scheme; and (3) due to the foregoing Defendants' statements about Fiat's receivables, business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.