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In re Stellantis N.V. Securities Litigation

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Case Number:

1:19-cv-06770

Court:

New York Eastern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Eric R. Komitee

Firms

Companies

Stellantis NV

Sectors & Industries:

Consumer Goods
- Major

February 24, 2022
Stellantis Gets Final OK On $5M Deal Ending UAW Bribes Suit

A New York federal judge has signed off on a $5 million settlement to end a consolidated securities class action alleging auto giant Stellantis NV misled investors by downplaying Fiat Chrysler's role in a highly publicized bribery scheme with United Auto Workers union officials.
May 17, 2021
Stellantis Inks $5M Deal To End Investor FCA-UAW Bribes Suit

Auto giant Stellantis NV, formed by the merger of Fiat Chrysler and Groupe PSA earlier this year, has agreed to pay $5 million to end a consolidated securities class action in New York federal court alleging it misled investors by downplaying Fiat's role in a highly publicized bribery scheme with United Auto Workers union officials.
December 15, 2020
Fiat Chrysler Rips Investors' Fraud Claims In UAW Bribes Suit

Fiat Chrysler urged a New York federal judge to dismantle claims it misled investors by concealing a scheme to bribe senior union officials, saying vague facts and cribbed allegations from General Motors' since-rejected lawsuit aren't enough.
October 22, 2020
Fiat Chrysler Investors Defend 'Compelling' UAW Bribes Suit

Fiat Chrysler investors have urged a New York federal judge not to let the auto manufacturer escape a proposed class action that alleges its executives had leading roles in a scheme to bribe labor union officials for collective bargaining concessions.
August 21, 2020
Fiat Chrysler Aims To Dump Investor Suit Over UAW Bribes

Fiat Chrysler on Friday urged a New York federal court to ditch a stock-drop suit accusing the automaker of concealing a scheme to bribe officials at the United Automobile Workers, insisting that none of its executives was aware of the bribery scheme and its financial disclosures therefore weren't misleading or inaccurate.
February 03, 2020
4 Firms Vie To Lead Fiat Chrysler Investors' UAW Bribery Suit

Four plaintiff firms are squaring off in the race for appointment as lead counsel in a stock-drop suit accusing Fiat Chrysler of concealing a scheme to bribe labor union officials.
December 03, 2019
Fiat Chrysler Hit With Investor Suit Over UAW Bribes

Fiat Chrysler was hit with a proposed securities class action in New York federal court Monday alleging it misled investors for years about the company's participation in a scheme to bribe labor union officials and score favors during collective bargaining.