San Diego, CA -- (SBWire) -- 08/12/2015 --An investigation for investors of Fiat Chrysler Automobiles NV (NYSE:FCAU) shares over potential securities laws violations by Fiat Chrysler Automobiles and certain of its directors and officers in connection certain financial statements was announced.
Investors who purchased shares of Fiat Chrysler Automobiles NV (NYSE:FCAU), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Fiat Chrysler Automobiles NV (NYSE:FCAU) concerning whether a series of statements by Fiat Chrysler Automobiles regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On June 28, 2015, Fiat Chrysler Automobiles NV (NYSE:FCAU) issued a recall of approximately 7,700 Jeep Grand Cherokee and Dodge Durango SUVs for potential braking and other problems, instructing the owners of the 65 vehicles known to have already been sold to immediately stop driving them.
On Sunday, July 26, 2015, the National Highway Traffic Safety Administration (NHTSA) announced the imposition on the company of a record $105 million fine for recalls affecting more than 11 million vehicles. The NHTSA penalties are tied to legal violations in an array of areas, including misleading regulators, inadequate repairs, and failing to alert car owners in a timely manner. Fiat Chrysler Automobiles NV (NYSE:FCAU) must offer to buy back from customers more than 500,000 Ram pickup trucks and other vehicles in the biggest such action in U.S. history as part of a costly deal with safety regulators to settle legal problems in about two dozen recalls.
Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU) closed on August 10, 2015, at $16.56 per share.
Those who purchased shares of Fiat Chrysler Automobiles NV (NYSE:FCAU) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
Fiat Chrysler Automobiles NV (NYSE:FCAU) Shareholder Notice: Investigation over Possible Violations of Securities Laws
An investigation for investors in Fiat Chrysler Automobiles NV (NYSE:FCAU) shares over potential securities laws violations by Fiat Chrysler Automobiles was announced and NYSE:FCAU stockholders should contact the Shareholders Foundation.